NBS Reports Massive Surge in Petrol Prices, Reaching ₦770 Per Litre
The average price of Premium Motor Spirit (PMS), commonly known as petrol, surged by 223.21% to approximately ₦770 per litre in May 2024, up from ₦238.11 per litre recorded in May 2023, according to the National Bureau of Statistics (NBS). In its report, “Premium Motor Spirit (Petrol) Price Watch for May 2024,” the NBS noted […]