Nigerians woke up to another wave of fuel price hikes as the Nigerian National Petroleum Company NNPC Limited has reportedly increased the pump price of petrol to ₦925 per litre in Lagos and ₦950 per litre in Abuja.
The sudden adjustment has sparked concerns among motorists and businesses already grappling with rising costs. While NNPC is yet to release an official statement, industry sources suggest the increase is linked to forex fluctuations and global crude oil prices.
Commuters and transport operators have reacted with frustration, warning that the development could lead to a fresh surge in transportation fares and living costs.
With the price of petrol nearing the ₦1,000 mark, all eyes are on the federal government’s next move to cushion the impact on citizens.
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