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Breaking News: NNPC New Levies to Marketers Set to Give Rise to Increase in Petrol Pump Price

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FCT, Abuja - A report by the Leadership newspaper indicates that the pump price of Premium Motor Spirit (PMS) popularly known as petrol will be raised by marketers. 

According to the report, the Nigerian National Petroleum Corporation (NNPC) has introduced fresh marine charges for marketers. 

The report further stated that petroleum marketers and depot operators are currently meeting to agree on allowable adjustments any moment from now. 

A highly placed industry source quoted in the report also said that Nigeria will witness a new pump price of petrol after marketers conclude their engagement. 

Part of the letter seen by the newspaper read: 

“Please be informed that the NNPC Management has directed that effective 10th February 2022, the sum of Five Hundred Thousand Naira, (N500,000.00) only will be charged for STS Coordination fee for each transshipment operation involving NNPC Marine Logistics.

 “This amount is to cover manpower and logistics required for coordination and production of cargo documents for the transshipment operations. 

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