In a move that has left motorists stunned, the Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol in Abuja by 14.8%, pushing it to a staggering N1,030 per litre, up from N897.
This marks the second petrol price hike in just one month. Last September, NNPC raised the price from N615 per litre to N897.
During a visit to NNPC’s retail mega station in Abuja where the new price has taken effect, frustrated drivers expressed their dismay over the rising cost of living. Many, like taxi driver Usman Abah, were unaware of the price change until they had already queued for fuel. “It’s beyond belief,” Abah exclaimed, adding, “I’ve been waiting for an hour, only to find out the price has increased. Tinubu doesn’t care about our suffering.”
The price surge continues to exacerbate economic hardships for Nigerians.