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Filling stations have increased petrol prices nationwide after private depot owners raised PMS loading costs to about N1,200 per litre Motorists are now paying between N1,100 and N1,230 per litre across major cities as marketers pass on higher wholesale costs The latest increase followed the temporary suspension of product loading at Dangote Refinery, which pushed depot prices higher
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Filling stations across Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol, following a rise in depot loading prices to around N1,200 per litre.
A market survey by Petroleumprice.ng showed that independent marketers have begun adjusting retail prices after private depot owners raised wholesale prices across Lagos, Port Harcourt, Warri and Calabar.
Petrol now sells between N1,100 and N1,230 per litre nationwide Photo: BloombergSource: Getty
