Due to the huge debt which the Nigerian National Petroleum Company Limited NNPCL owes the international suppliers which estimated to $6.8 billion, the company on Tuesday, has raised the pump price of petrol to N897 per litre from the official price of N617.

It was observed that many NNPC filling stations in Abuja had already effected the prices, with its downstream facilities selling for N897.

It was revealed that independent filling stations were selling for between N930 and N950 in several filling stations in Abuja.

“This is to inform you that NNPC Retail Management has approved upward review of PMS pump price from N617/itre to N897/liter effective today, 3rd September . 2024.

“Please ensure all your pumps and totems (price boards)/MIDs reflect the new PMS price of N897/liter,” the message said.