Fresh petrol price hike looms as depot rates hit N1,290

By Udeme Akpan, Energy Editor Nigerians may soon pay more for  Premium Motor Spirit (PMS), also known as petrol, as depot prices across major petroleum hubs have climbed sharply to as high as N1,290 per litre, amid a renewed surge in international crude oil prices. The development threatens to worsen the financial burden on households and…