Petrol, the backbone of Nigeria’s transportation and industrial sectors, finds itself navigating choppy waters amid unpredictable price fluctuations, sparking worry among consumers nationwide.
Latest Price of Petrol (Per Litre) – April 13, 2024
As reported by the Nigerian National Petroleum Corporation (NNPC), the official pump price of petrol stands at ₦580 per litre.
However, this official figure belies the harsh reality confronting many consumers across the country.
A growing number of petrol stations are imposing prices as high as ₦650 per litre, citing rising operational costs and market instabilities as primary reasons for the hike.
In some areas, the situation is even more dire, with prices soaring to an alarming ₦700 per litre, placing further strain on already stretched budgets.