Abuja filling stations already selling fuel at the new price of ₦143 per litre

Airtel Nigeria Call services
Fuel filling station
Fuel filling station
Social sharing

By Nana Musa

Filling stations across the Federal Capital Territory (FCT) Abuja have started to sell petrol at N143 per litre, as announced by the Federal Government, with effect from July 1.

A survey conducted by the News Agency of Nigeria (NAN) on Thursday in Abuja indicated that major marketers at Wuse, Gwarimpa, Maitama, Wuye, Asokoro and Karmo had adjusted their pump to the new price.

Alhaji Suleiman Yakubu, National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria (IPMAN), told NAN that most filling stations had adopted the new price regime, while others would join in due course.

Fuel filling station
Fuel filling station

“We support the government and its policy, as we also know the government has its citizens’ welfare at heart. The oil and gas business has been unstable since the pandemic started,” Yakubu said.

A manager at a filling station, who pleaded anonymity, described the new price regime as a welcome development.

He said the station recorded some losses when the price of petrol was reduced by government, due to the fall in the price of crude at the international market and the outbreak of the coronavirus.

According to him, the increase in the price of petrol will help the growth of the nation’s economy.

A taxi driver, Mr Idris Bako, said that the new pricing of petrol was not good for their business, adding that commuters would have to pay more.

“During this COVID-19, we carry one passenger at the front and two behind to maintain social distance but now, the fares will have to increase,” Bako said.

NAN reports that since April, the Petroleum Products Pricing Regulatory Agency (PPPRA) had continued to issue monthly pricing directive on premium motor spirit (PMS) to the marketers.

In June, there was a slight reduction as the price was fixed at N121.50 per litre, from N123.50 in May.

The July new price is N20.30 higher than the June price of N121.50 per litre.

News Agency of Nigeria (NAN)

About 9News Nigeria 6532 Articles
9News Nigeria, Global Breaking News Platform, News from Nigeria, News from Africa, Nigerian News, African News

Be the first to comment

Leave your comment

UBA Bank
  • BREAKING!! China Seals Off Entire Village After One Person Died Of Bubonic Plague Disease

    Social sharing

    Social sharingThe unnamed patient died of circulatory system failure after contracting the bubonic plague, health authorities have confirmed, although it’s unknown how they caught it. Read more

  • Genetically Modified Mosquitoes

    Activists oppose release of Genetically Modified Mosquitoes (GMM) in Africa

    Social sharing

    Social sharingIn Summary • Global Prolife Alliance claims the technology used on the mosquitoes is “very” harmful. • The organisation leader, Dr Philip C. Njemanze, Read more

  • Governor Sanwo Olu Commissions Nigerian First Indigenous Medically Certified Face Mask Factory in Lagos

    Governor Sanwo Olu Commissions Nigeria’s First Indigenous Medically Certified Face Mask ‘O-Care’ Factory in Lagos

    Social sharing

    Social sharingLagos state governor, Babajide Sanwo Olu has on Thursday 30th July 2020 commissioned Nigeria’s first indigenous medically certified face mask factory in Lagos. The Read more

  • BREAKING: COVID-19 cases rises to almost 40,000 in Nigeria

    Social sharing

    Social sharing Nigeria is just a little figures before hitting the 40,000- mark of COVID-19 cases.In the latest information disclosed by the Nigeria Centre for Read more

  • Coronavirus: Countries with highest COVID-19 Deaths – WHO Reveals

    Social sharing

    Social sharingThe World Health Organization, WHO, regional office for Africa in Brazzaville, Congo, has revealed countries with the highest coronavirus (COVID-19) death cases. Africa has Read more