Petrol marketers on Tuesday claimed the Federal Government gave approval for increase in the price of petrol which was sold for N165 per liter.
A claim the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is yet to react to.
According to the regional price list effective from Tuesday, the rate rose from N165 to N179 per litre in the south west, south south and southeast regions.
The price was raised to N184 in the north west and N189 in the north east being a N24 increase, the highest in the new adjustment.
Petrol will now sell at N179 in the north central region. Although the product will sell for N169 in Lagos, marketers will sell for N174 in Abuja.
There is also an upward adjustment in the ex-depot price in the Lagos axis from N148.17 to a range of N160 and 162.
Depot’s in Warri/Ogbarra have their rates adjusted to N162-N165 while Port Harcourt depots will sell for N165-167.
Source: Daily Trust