The ex-depot price of Premium Motor Spirit (PMS) also known as petrol has hit N754 per litre, Platforms Africa reports. The data from depots in Nigeria on Monday showed that as at 1st of September, the price at which the product landed at the depots was also N1,022 per litre. The ex-depot price is the cost the depots that received the product from NNPCL are expected to sell after adding their margins. A source at one of the depots in Apapa confirmed the data in a telephone chat with Platforms…
Read MorePetrol Ex-Depot Price Hits N754/litre
