The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged by 6.8%, rising from ₦890 per litre last week to ₦955 per litre.
This latest increase adds more pressure on households and businesses already grappling with high inflation and rising living costs across Nigeria. Analysts say the hike could further impact transportation fares and the prices of essential goods in the coming days.#BreakingNews