The Nigerian Nationwide Petroleum Firm Restricted, NNPCL, and different filling stations have elevated their Premium Motor Spirit (PMS) pump worth for the second time in less (*24*) 24 hours following Dangote Refinery’s gantry worth hike.

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DAILY POST reviews that the state-owned oil agency on Sunday adjusted its pump worth from N967 to N1,082 per liter in Abuja and its environs, representing a N115 enhance per liter.

This adopted an earlier adjustment from N960 to N967, additionally reported by DAILY POST. With the newest hike, NNPCL shops have raised petrol costs by N207 in less (*24*) every week.

DAILY POST noticed that the newest costs have been applied throughout NNPCL shops in Kubwa Expressway, Gwarimpa, Wuse Zone 6, Zone 4, and Lifecamp.

Equally, different filling stations, together with MRS, AA Rano Ranoil, and Empire Vitality, have adjusted their fuel pumps not less than twice, with costs now ranging between N1,092 and N1,150 per liter, up from round N960 to N980 per liter.

Talking on the fuel worth hike, the Nationwide President of the Petroleum Merchandise Retail Retailers Homeowners Affiliation of Nigeria, Billy Gillis-Harry, stated the home petrol worth enhance is linked to international crude oil worth volatility.

“The Dangote Refinery gantry petrol worth hike and retail worth adjustment are on account of crude worth volatility brought on by the Iran–US–Israel battle affecting the Gulf area,” he stated.

He, nonetheless, known as on oil sector regulators in Nigeria to intervene to stop additional petrol worth volatility.

Recall that Dangote Refinery had increased its petrol gantry price by N121, from N874 to N995 per liter, as crude oil costs surged above $90 per barrel.