Transportation costs are set to skyrocket in the Federal Capital Territory following the hike in the price of petrol by some stations of the Nigerian National Petroleum Company Limited, NNPCL in Abuja on Wednesday.

The stations of the national oil company have raised the retail price of petrol to N1,030 from N897 per litre.

The new price, the second increase in one month, represents a 14.8 per cent or N133 rise.

At the NNPCL mega station located in Central Area, the product was sold at N1,030.

The station did not display its prices on either the signboard or the pump meter, leaving customers unaware of the cost of fuel. Instead, the only information they received was through verbal communication from the fuel attendants.

“I am very angry right now. I entered this station thinking their price would be better. It was only after I had wasted time in the queue that I was informed by the fuel attendant that the price had risen to N1,030,” said the customer, who did not give his name.

However, checks by our correspondent at independent marketers’ stations, including Conoil and Total Energies, opposite the NNPCL headquarters, showed the product was sold at N926, but with long queues.