Filling stations across Nigeria have seen a steep rise in fuel prices, particularly at outlets operated by independent marketers, exceeding the bands approved by the Federal Government. Premium Motor Spirit (PMS), commonly known as petrol, is now being sold as high as N685 per litre in some northern states, much to the dismay of consumers. This recent price surge comes in the wake of President Bola Tinubu’s announcement on May 30, 2023, declaring the end of fuel subsidies, which led to a rapid escalation in petrol prices........

https://ratecaptain.com/fuel-prices-surge-above-n650-per-litre-across-nigeria/