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According to information obtained by The Bureau Newspaper, depot owners have raised rates by roughly 4.74 percent, meaning that THE Premium Motor Spirit, PMS, often known as gasoline, will probably cost more.
This comes after crude oil prices, particularly those of Nigeria’s Bonny Light, rose from $73 per barrel last week to $80 this week.
Some depots have already raised their loading fees; Wosbab Depot has done so as well, going from N909 to N950 per litre, while Swift Depot has gone from N907 to N950 per litre.
Similarly, Shellplux raised its loading price from N908 to N960 per litre, while Sahara Depot raised its pricing from N910 to N950 per litre.
