Anxiety, as petrol price hits N568 per litre in Lagos; N617 in Abuja, others
*Motorists, commuters groan nationwide *Market forces driving up petrol prices, says NNPCL CEO, Kyari *Assures there’s no shortfall in petrol supply, *NMDPRA blames rising crude prices on freight costs *IPMAN expresses concern over fresh increment in price *NLC rejects new pump price, says it’s provocative, *Adds situation’ll worsen poverty, hardships *Local refining, only way out —NECA Anxiety, frustration, despondency was the situation yesterday, as Nigerians woke up to yet another steep increase in the price of Premium Motor Spirit, otherwise known as petrol. From Lagos, Ogun, Edo in the South West and South South to Niger, Borno and Zamfara in the north, it was all tales of woe by motorists and commuters. While the price in Lagos shot up from N488 per litre at petrol stations owned by Nigeria National Petroleum Company, Limited, NNPL, to N568, it rose as high as N617 per litre in Abuja and another northern states from N540. The Group Chief Executive Officer of NNPCL,Mele ...