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Nigerians Decry Pump Hike, Fuel Stations Sell At N537, N620 Per Litre.

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Queues has resurfaced in filling stations across the Federal Capital Territory, Abuja and other parts of the country after Nigeria’s newly inaugurated President, Bola Ahmed Tinubu announced the removal of subsidy on Premium Motor Spirit, popularly known as Petrol.

The Nigeria National Petroleum Company Limited mega station in Abuja officially changed its pump price to N537 per litre while other filling stations hike their prices to between 650 to N700 per litre.

This change by the NNPCL is providing clarity around prices after the removal of the controversial fuel subsidy which cost almost ten billion United States dollars every year.

Channel Network Afrique, CNA samples opinion of some motorists on the new price regime. They also called on the President to wade in to alleviate the excruciating pains the people are facing as a result of his pronouncement.

NNPCL different prices across the country only means subsidy and price equalization mechanism that ensured petrol has the same official rate all over Nigeria is finally gone.

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