It is not clear if the new price will affect other retail outlets especially at a time when the oil marketers are pushing for another hike in fuel price due to the cost of importation and scarcity of forex.
Before now, prices have been hovering between N143 and N141 per litre at NNPC and affiliate stations in major cities and even less at stations in the hinterlands. DailyTrust reports that prices have been N141 in last few months until Tuesday when it was raised to N145.
In Kano and Lagos, correspondents report that the price of fuel has hit N145 per litre at NNPC Mega stations.
Spokesman for the NNPC Garba Deen Muhammad said there was no rule that compels any marketer including the NNPC to sell at a particular price.
“A price regime was introduced between N135 and N145. So, you can sell anywhere within that range. What you are seeing is interplay of market forces." PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> How I Made Me =N=2.5 MILLION In 7 Days from 2 Common Product I Imported and how you can do the same. Click HERE FOR FREE Details right now Warning To Men: This 3 Foods Is Killing Your Erection. Click Here To Know Them Secret Fruits that increased my Manhood and makes me last 55 minutes+ all time - Click here to get it Warning: Got Arthritis? 3 Simple Ways To Get Cured And Be Permanently Free From Joint Pains. Click Here To See Them REVEALED!! Reduce Your Blood Sugar Level And Reverse Diabetics Within A Short Period Of Time. Click Here To See How MIDNIGHT,Pressed Mr Kilanko Suddenly Couldn't Urinate. Shrink your Enlarged Prostrate Here! Click Here Now