Petrol hits N1,200/litre in Kano, sells for N902 at NNPC stations

The price of Premium Motor Spirit (PMS) in Kano has jacked up to N1,200 across some filling stations as the Nigerian National Petroleum Company Limited (NNPCL) outlets adjusted pump price to N904 per litre.

Daily Trust reports that the NNPC outlets are currently inundated by long queues as the price of the commodity skyrocketed.

An NNPCL official at one of the outlets, who prefer anonymity, said they werw waiting for directives to begin sales at the new price.

“We just came this morning (Tuesday) and turned on our machines only to see the adjustment. You can see it for yourself. We are here now waiting for directives to start selling,” he said.

• We’re proposing law to increase VAT to 10% –Presidential Tax C’mtee
• Jumu’ah: MURIC protests FUOYE’s VC muscling of Muslim staff

Motorists in queue expressed concerns over the development.

Isah Muhammad said, “Where are we heading to in this country? How do we survive now? It’s very unfortunate we are witnessing this.”

Another motorist, Ibrahim Saleh, said, “I can recall when I used to sell petrol (black market). It was then N95. One day during the late President Shehu Musa Yar’adua regime, we went to buy fuel and they halted the process.

“We all thought it was going to be increased but they adjusted the litre to N65. It was something that I would never forget in my life. When things go up, they never come down in Nigeria and since then it has been like that.”