BREAKING: FG Quietly Approves New Petrol Pump Price

BREAKING: FG Quietly Approves New Petrol Pump Price

The Federal Government has quietly approved 185 as the new per-litre petrol pump price.

According to a source, the approved pump price was communicated to major marketers in an early Friday memo.

According to The Guardian, Lagos fuel stations have begun to raise their pump prices to the approved 185 per litre.

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The newly approved price comes after weeks of nationwide petrol scarcity, which has resulted in long lines at gas stations since late November 2022.

Although the official pump price was 165 per litre, many fuel stations in Lagos and other parts of Nigeria sold fuel for more than 200 per litre.

More details later…

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