365NEWS gathered that there are strong indications that the Nigerian National Petroleum Company Limited has directed its retail outlets to raise the pump price of petrol to N855 per litre.
Nigerians woke up on Tuesday to see a change in the pump prices, from around N600 to N855/litre.
Sources told our correspondent that there was a directive to the retail outlets to increase petrol prices.
The directive announced that the NNPC Retail Management has approved an upward review of PMS pump prices.
This is coming barely two days after the company admitted it was having challenges to import fuel due to an $8bn debt.
Report have it that depot operators that N250 has been added to the pump price.
It was observed that some major marketers have also jerked up their pump prices to N860/litre.
The PUNCH had earlier reported that the pump price of petrol may be near N1,000 in a few days.
