Oil Marketers Increase Petrol Pump Price

Oil Marketers Increase Petrol Pump Price …C0NTINUE READING HERE >>>

Major oil marketers across Nigeria have raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, from N1,010 to N1,050 per litre, reflecting a 4% increase in Lagos and surrounding regions.

Independent marketers have also adjusted their prices, now ranging between N1,100 and N1,200 per litre, up from approximately N1,060 per litre, with prices varying by location.

An investigation by Vanguard reveals that in the deregulated market, petrol prices are not…

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