By Ahmad Deedat Zakari
The price of Premium Motor Spirit, PMS, popularly known as petrol, is now about 617 Naira per litre.
Customers reportedly purchased the product at 617 per litre at the Central part of Abuja on Tuesday.
The Price of PMS skyrocketed following the declaration of subsidy removal by President Bola Ahmad Tinubu in May.
The product, which was sold at about 540 in May, is now being sold at about 617 Naira in some parts of the country.
However, Malam Abdulmajeed, a Cybercafe operator in Zaria, confirmed to The Daily Reality that the price has not changed in Zaria.
As regards the reported price increase in Abuja and other parts of the country, the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA) is yet to comment on it at the time of filling this report.
