WATCH THE VIDEO HERE Nigerians on social media have reacted to the pump price of Premium Motor Spirit (PMS), also known as petrol by Nigerian National Petroleum Company (NNPC) Limited across its retail outlets nationwide.
NaijaOnPoint.com.ng (NOP) had earlier reported that NNPC Limited jerked up the price of the product to as high as N1,030 per litre in Abuja, as observed in the federal capital territory (FCT) on Wednesday. Similarly, in Lagos State, the price of petrol surged, reaching N998 per litre.
NOP recalls that NNPC increased the pump price of petrol to N897 per litre set in September. This is coming after NNPC announced that it will no longer be the sole off-taker of petrol from Dangote Refinery and that marketers can now negotiate prices directly with the refinery.
The recent increase has caused NNPC to trend on X as Nigerians express outrage towards the Tinubu-led administration for exacerbating the economic burden on the citizens. Morris Monye wrote: “NNPC selling N998 liter. How will Nigerians survive this. Oh wait, we will survive. We are adjuster-general of the nation.”
Fizu_001 wrote: “Until 2million Nigerians visit all 36 states government houses same day and same time,fuel prices will never come down.” Maureen_mimidoo wrote: “The unfortunate thing is, we have people that are still defending this government.”
Brighto of Lagos wrote: “I am at Obalende and the only thing i can hear from bus drivers is that NNPC has increased furl price and they are currently pegging fare to Lekki at N800 right now and once its tomorrow they re moving it to N1000. I am not crying but many people came down from this bus.”