The Nigerian National Petroleum Company Limited (NNPCL) has reportedly increased the pump price of Premium Motor Spirit (PMS) from its filling stations across the country.

Platforms Africa repots that the company in a template sent to marketers on its franchise pegged the price from between N557 to N488 per lire depending on the state which a consumer is residing.

The template was confirmed by oil industry sources.

For instance, the official price for NNPC filling stations in Lagos is N488 while in Borno state is N557 per litre.

However, it is not certain what the other marketers would put as their price template

The tenplate which has gone viral was accompanied by the following note.

“DEAR ALL. Following Management approval of the Upward review of NNPC PMS pump price as in below table for Mega/Standard/Leased Stations, Please find below schedules for the RMSs and Wayne to handle.

“Please implement meter change as approved effective today 31st May 2023. Wayne is to attend to all locations as relates to their area of coverage in our network.”