Home News Fuel Marketers Finally Raise Petrol To N179 Per Litre

Fuel Marketers Finally Raise Petrol To N179 Per Litre


Fuel Marketers Finally Raise Petrol To N179 Per Litre


The price of petrol has finally been raised above N165 per litre
across regions of the country.

Although the product has been selling above N165 in some parts of the country, a new price regime was released on Tuesday, Daily
Trust reports.

Petrol marketers also claimed that the Federal Government gave
approval for the raise, but the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is yet to react to this.

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According to the regional price list effective from Tuesday, the
rate rose from N165 to N179 per litre in the South West, South
South and South East regions.

The price was raised to N184 in the North West and N189 in the
North East being a N24 increase, the highest in the new

Petrol will now sell at N179 in the north central region.

Although the product will sell for N169 in Lagos, marketers will
sell for N174 in Abuja.

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There is also an upward adjustment in the ex-depot price in the
Lagos axis from N148.17 to a range of N160 and 162.

Depots in Warri/Ogbarra have their rates adjusted to N162-N165
while Port Harcourt depots will sell for N165 to167.


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