The price of petrol has risen to as high as ₦1,350 per litre in parts of Abuja, following a series of increases in the gantry price by the Dangote Refinery within the past week.
Checks by the News Agency of Nigeria on Monday showed that filling stations across the Federal Capital Territory had adjusted their pump prices upwards.
Eterna sold petrol at ₦1,320 per litre, Gegu Oil at ₦1,310, while Salbas Oil sold at ₦1,330. Nipco and AY Shafa were selling at ₦1,350 per litre, while TotalEnergies sold at ₦1,280.
The latest increases followed successive adjustments in the Dangote Refinery’s gantry price, which moved from ₦1,165 to ₦1,185, then ₦1,200 and ₦1,265 per litre within one week.
The development has raised concerns among motorists, with some saying the higher fuel costs are adding to the pressure on household budgets.
A motorist in Gwarinpa, Olusegun Abbas, said he purchased petrol at ₦1,320 per litre, while another motorist in Dutse, Adewale Salau, bought the product at Gegu filling station for ₦1,310.
Salau described the situation as unbearable and said rising fuel prices were contributing to higher living costs.
“We urge the Federal Government to urgently intervene by stabilising fuel prices,” he said.
Another motorist in Kubwa, Stanley Okezie, said petrol was selling for ₦1,350 per litre in his area.
He warned that further increases could push up food prices as traders pass higher transportation costs on to consumers.
Development expert Aliyu Ilias also expressed concern over the economic impact of the price increases and called for measures to make petrol more affordable.
Meanwhile, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, attributed the latest increase to the successive adjustments by the refinery.
Ukadike said marketers could not continue selling petrol below the replacement cost, adding that frequent price changes were creating uncertainty for both marketers and consumers.
