Report: The price of fuel in stores market increased by 110% in four months.
February 14, 2023
Ex-depot price of Premium Motor Spirit otherwise known as petrol has risen by 110 per cent in four months,
The data showed that the ex-depot price rose from N148 per litre last October to an average of N312 per litre on February 3 this year.
As the sole importer of petroleum products, the Nigerian National Petroleum Company Limited had set the price which products can be sold to oil marketers at…