By Chris Chikelue :
President Bola Tinubu’s administration has yet again announced an increase in petrol price.
The price of petrol is now pegged at N998 per litre.
The new price will see Abuja residents buy fuel at N1,030 per litre.
NNPC stations displayed the new price in Lagos and Abuja on Wednesday October 9.
This upward review comes amidst unprecedented economic hardship.
Since President Tinubu assumed office on May 29, 2023, announcing that “fuel subsidy is gone”, fuel price has continued to skyrocket.