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    MarketForces Africa » MarketForces News » NNPCL Increases Pump Price of Petrol in Lagos, Abuja

    NNPCL Increases Pump Price of Petrol in Lagos, Abuja

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiOctober 29, 2024Updated:October 29, 2024 News No Comments1 Min Read
    NNPCL Increases Pump Price of Petrol in Lagos, Abuja
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    NNPCL Increases Pump Price of Petrol in Lagos, Abuja

    The Nigerian National Petroleum Company Limited (NNPC) has once again adjusted the pump price of petrol. The new price, effective immediately, is N1,025 per liter in Lagos and N1,060 per liter in Abuja.

    Aliko Dangote, chairman of Dangote Group, blamed the persistent shortages and long queues at filling stations across Nigeria on marketers’ failure to lift the products from his refinery.

    Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel demands. He urged fuel retailers to take decisive action to alleviate the situation.

    Asked why the queues persist despite his refinery’s production, Dangote stated: “With enough crude oil, we can produce much more than 30 million litres every day. At full capacity, we can supply whatever is being consumed.” #NNPCL Increases Pump Price of Petrol in Lagos, Abuja Ghana to Import Petroleum from Dangote Refinery – Official

    Abuja Lagos NNPCL Petrol
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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