Home Business Oil & Gas Fuel now sells at N617/litre; from N539

Fuel now sells at N617/litre; from N539

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The price of Petrol has increased to about N617 per litre.

A visit by Daily Trust to an NNPC filling station in the Central area of Abuja confirmed that the fuel price has now been adjusted from N539 to N617 per litre.

Another customer, who confirmed this development, simply said: “It is true, I just bought at N617 per litre”,

The immediate reason could not be ascertained but it is not unconnected to the recent projections by oil marketers that fuel price will hit N700 per litre soon.

The Nigeria Midstream and Downstream Petroleum Regulatory Authority is yet to comment to Daily Trust enquiry as at the time of filling this report.

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