Nigerians may be set for another wave of economic hardship as the pump price of Premium Motor Spirit (PMS), popularly called petrol, is now edging dangerously close to N900 per litre, following a new surge in depot prices and a looming global oil production adjustment.
Investigations by Platform Times over the weekend revealed that some retail outlets across Lagos and Ogun States have already adjusted their meters, with prices ranging between N865 and N910 per litre.