Petroleum marketers in Nigeria have increased the price of the commodity from N165 to N189 in the northeastern part of the country.
Based on the new pump price regime of the commodity, people of the Northeastern part of the country will pay the highest litre price of petrol in Nigeria.
Comparatively, the marketers said a litre of petrol in the South West, South-South and Southeast goes for N179. However, in the Northwest, a litre of petrol goes for N184.
Petrol will now sell at N179 in the Northcentral region. Although the product will sell for N169 in Lagos, marketers will sell for N174 in Abuja.
There is also an upward adjustment in the ex-depot price in the Lagos axis from N148.17 to a range of N160 and 162.
Depot’s in Warri/Ogbarra have their rates adjusted to N162-N165 while Port Harcourt depots will sell for N165-167.
WikkiTimes gathered that the new petrol price regime takes effect from Tuesday following the federal government’s approval.