19 January 2022
The Federal Government has approved ₦185 as the new petrol pump price per litre.
Report says that the approved pump price was communicated to major marketers in a memo early Thursday.
It was gathered that fuel stations some stations have commenced adjusting their pump to the approved price of ₦185 per litre..
The newly approved price comes weeks after there had been nationwide petrol scarcity, leading to long queues in fuel stations since late November 2022.
Although the official pump price was ₦165 per litre many fuel stations sold fuel above ₦250 per litre in Lagos and other parts of Nigeria.
Guardian
