Following the announcement, the Independent Petroleum Marketers Association of Nigeria said the implication was that the pump price of petrol would range from N168 to N170 per litre.
Nigerians have taken to social media to react to the latest increase in the pump price of petrol
Earlier today, NRM reported that the Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, increased the ex-depot price of petrol from N147.67 per litre to N155.17.
Nigerians have taken to social media to react to the latest development.
Read their reactions below