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The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of premium motor spirit (PMS), commonly referred to as petrol, in Lagos and surrounding areas.
On December 23, 2024, the national oil company had cut the retail price of petrol at its outlets from N1,025 per litre to N925 per litre in Lagos.
However, a recent observation by Vanguard revealed that the price at NNPC retail locations has now risen from N925 to N960 per litre.
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