₦airaland Forum

Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of premium motor spirit across its retail outlets in the country for the second time in four days.

DAILY POST correspondents gathered that NNPCL filling stations in Abuja have increased their petrol price to N945 per litre. This was the case in NNPCL retail outlets in Kubwa, Lugbe Expressway, Wuse Zone 4 and Wuse Zone 5.

The same fuel pump of N945 per litre is reflected in NNPCL filling stations in parts of Nassarawa and Kogi states.


The National Chairman of Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, confirmed the fresh fuel price hike to DAILY POST on Friday.

[i]“The latest increase in NNPCL petrol pump was implemented this morning. I cannot tell the reason,” [/i]he said.

The latest increment of petrol pump in NNPCL retail outlets comes after it had a reduction in price barely two days ago to N900 per litre, down from N955 traded on Monday, 4th August.

The fluctuations in NNPCL retail fuel price come after Dangote Refinery increased its ex-depot price of the product to N850 per litre from N820.

Meanwhile, MRS and Bova filling stations dispense fuel at N885 and N895 per litre, respectively, while Optima, Ranoil, AA Rano, NIPCO, and other filling stations in Abuja sell the product between N950 and N955 per litre as of Friday evening.

Source: https://dailypost.ng/nnpcl-increases-fuel-price-for-the-second-time-in-4-days

Yesterday they reduced the price, tomorrow they increase the price... Tomorrow dangote reduces the price, a day after tomorrow he increases the price.

Well make una dey fool unaselves sha.

Tinubunomics!

Tinubu, the undisputed heavyweight champion of incompetence, hardship and corruption!

Nigeria will stain your white makachi..


Nothing to see here

When the price of petrol come down, they'll tell us Tinubu's policy is paying off but once it gets hiked again, they'll get tongue-tied.

We've reached a level where government can do us anything and we will just keep quiet.
We no get energy go complain again.
If them like carry fuel to 4000, we don tire

What is the basis of the price change? Is this influenced by the forces of demand and supply or the cost of production/importation of petroleum products.

Dangote is now their watchward, Smh! It's high time NNPCL was scrapped but I doubt. It remains a conduit pipe of the apc

DMerciful:
Tinubunomics!

Tunubu, the undisputed heavyweight champion of incompetence, hardship and corruption!

No cap!



Brrrrrrrrrrrrrrr for the remaining characters

COMRADES, yesterday when I was going to office, I laughed like say I wan die inside taxi, when the driver took us to NNPC filling station, unaware to him, he 'jammed' the new price the driver lamented till I dropped off, I laughed say tey I left my change with am

Kastonkastroll:
Yesterday they reduced the price, tomorrow they increase the price... Tomorrow dangote reduces the price, a day after tomorrow he increases the price.

Well make una dey fool unaselves sha.

Thought some folks on this forum were clamouring for a price war. I did warn about unintended consequences in a market at its infancy, that is a contest without the ropes of a boxing ring, pugilists without gloves and a sport with neither referee, federation or even a belt to contend for.....if you understand.

There will be blood on the floor as they say and whoever is left standing, I repeat again, will enslave everyone else.

In these uncivilized parts some assume free market means free range, free for all, but on reality it means freedom.

Nigerians be original sufferhead.. nor be lie wetin Fela talk. Tinubu and incompetence MUST ALWAYS be used in the same sentence henceforth

and the so called BATist ll still have a propaganda to defend.....

Na wa oo....no wonder I see many dangote truck pass my place now for ibeju lekki......I just know say something de sup

APC is a gang of criminals but the states are equally guilty of the bad governance both pdp and APC but whatever happens I will fuel my benz ,but my problem is with poor people that are supporting APC ,what are u gaining......

Dangote and the NNPCL are one and the same consortium ripping Nigerians off by playing good cop bad cop

Even if it is 2000 per litre it is not high.

We will buy it.

Nigeria has the lowest pump oriented in the world.

We are not complaining

Kastonkastroll:
Yesterday they reduced the price, tomorrow they increase the price... Tomorrow dangote reduces the price, a day after tomorrow he increases the price.

Well make una dey fool unaselves sha.

Broz, na we Dem dey fool, no be themselves.


Please take a moment to write a quality post

E reach naija, the law of demand and supply is been redefined. Dangote trucks don arrive, direct supply to commence 15th August, lets wait n c d outcome. I still believe in a better Nigeria. May God spare our lives to witness it

DMerciful:
Tinubunomics!

Tinubu, the undisputed heavyweight champion of incompetence, hardship and corruption!

He is a great politician so let's all eat politics. 😀

I thought propaganda reduces fuel prices. At least the APC people will buy fuel for less.

Must NNPC sell fuel? We are tired. Leave it for dangote

A nation ruled by idiots!

A nation ruled by idiots!

As usual. They love doing things that has no positive effect on the masses

adenigga:
Source: https://dailypost.ng/nnpcl-increases-fuel-price-for-the-second-time-in-4-days

Why did we let ebilokan switch PDP prosperity to APC shege 10 years ago with propaganda lies of better change?

Why did we reward him with Yorubalokan chance at our commonwealth

anonimi:
Petrol should never cost more than N70 per litre, says APC

January 19, 2015

The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.

On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.

But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.

It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.

https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

NLC and TUC have collected their brown envelopes and have left the group chat