Petrol Prices Rise to N1,500 in Some States as NLC Demands Government Intervention
Petrol Prices Rise to N1,500 in Some States as NLC Demands Government Intervention
The pump price of Premium Motor Spirit, popularly known as petrol, has risen sharply across several parts of Nigeria, with prices reaching about ₦1,500 per litre in some states, while major urban centres are recording prices of around ₦1,430 per litre.
Recent checks reported in Kano, Yobe, Sokoto, Borno, Taraba and Zamfara showed petrol selling at or around ₦1,500 per litre at some filling stations. Prices have also increased in other parts of the country, although the exact pump price varies between locations and filling stations.
The development followed another increase in the Dangote Petroleum Refinery’s petrol gantry price, which rose from ₦1,265 to ₦1,350 per litre on September 12. The latest adjustment was the refinery’s fourth upward review since August 21.
Reacting to the rising prices, the Nigeria Labour Congress (NLC) called on the Federal Government to urgently introduce measures to reduce the impact of higher fuel costs on workers and households.
In a statement issued on Wednesday and signed by NLC President Joe Ajaero, the union called for reasonable wage awards for workers, adequate crude oil supplies to local refineries in naira and an expansion of the country’s petroleum storage capacity.
The NLC said the rising cost of petrol was putting additional pressure on transportation and household expenses. It also argued that government intervention should be considered in an emergency situation to protect citizens from the effects of the increase.
The latest price movement continues to place pressure on motorists, commuters and businesses that depend on petrol, with further implications for transportation and the cost of goods and services.
