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Petrol marketers across Lagos have increased pump prices to between N925 and N935 per litre.

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Petrol marketers across Lagos have increased pump prices to between N925 and N935 per litre, citing rising landing costs, supply constraints, and currency-related policy delays.

The price hike follows the decision by Dangote Refinery to stop selling petrol in naira and ongoing negotiations over the naira-for-crude policy.

Last Monday, the landing cost of petrol jumped to N843.28 per litre from N797 per litre recorded a fortnight earlier, adding N46 per litre to the cost. Major filling stations such as TotalEnergies and MRS adjusted their pump prices to N935 and N925 per litre, respectively.
 
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