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Petrol hits N1,370/litre as depot prices rise

Petrol hits N1,370/litre as depot prices rise
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Source Attribution: Vanguard News

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AI Executive Briefing
Verified Synthesis~34s read
In Port Harcourt, Matrix increased its PMS price by N15 to N1,300 per litre, while Bulk Strategic, Masters and T.S.L remained at N1,300. Rano raised its PMS price by N75 to N1,295 per litre, while African Terminal, Aiteo and Integrated increased their prices to about N1,300.
Context & Background
  • ✦By Udeme Akpan The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to N1,370 per litre in Lagos, following fresh increases in depot prices across major supply locations.
Key Figures & Named Entities
Tuesday:Checks by Vanguard on Tuesday showed that MRS and NNPC filling stations sold petrol at N1,360 per litre, while Mobil sold at N1,349.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
  • ✦In Port Harcourt, Matrix increased its PMS price by N15 to N1,300 per litre, while Bulk Strategic, Masters and T.S.L remained at N1,300.
  • ✦Rano raised its PMS price by N75 to N1,295 per litre, while African Terminal, Aiteo and Integrated increased their prices to about N1,300.
  • ✦By Udeme Akpan The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to N1,370 per litre in Lagos, following fresh increases in depot prices across major supply locations.
Key Facts:Tuesday: Checks by Vanguard on Tuesday showed that MRS and NNPC filling stations sold petrol at N1,360 per litre, while Mobil sold at N1,349.
Editorial Excerpt

By Udeme Akpan The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to N1,370 per litre in Lagos, following fresh increases in depot prices across major supply locations.

Frequently Asked Questions About This Story

What is the latest development regarding Cross River State?

In Port Harcourt, Matrix increased its PMS price by N15 to N1,300 per litre, while Bulk Strategic, Masters and T.S.L remained at N1,300.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include Cross River State, Port Harcourt, Lagos State.

What timeline or key figures were confirmed?

Checks by Vanguard on Tuesday showed that MRS and NNPC filling stations sold petrol at N1,360 per litre, while Mobil sold at N1,349.

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