Marketers project N350/litre pump price in Nigeria

The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of the product, oil marketers stated on Tuesday. This will represent over 100 per cent increase in the pump price over the period. Dealers said if the scarcity of petrol failed to abate, its pump price would continue to rise, as they noted that PMS cost was already about N450/litre at the black market in many states. This came as motorists decried the continued silence of the Federal Government and the Nigerian

By |November 30th, 2022|Categories: News|Tags: |0 Comments
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