Despite fall in crude price, petrol hits N1,212 per litre

Despite drop in price of crude in the global oil market, operators in Nigeria’s downstream sector have increased the prices of Premium Motor Spirit, PMS, also known as petrol, by an average of N1,212 per litre from N1,158 per litre, an increase of 4.7 per cent...

Dangote Refinery increases petrol price to N1,200/litre despite falling crude oil prices. Find out how this Dangote petrol price hike impacts consumers.