Oil marketers adjust petrol prices nationwide

Major oil marketers on Thursday have raised the price of Premium Motor Spirit (PMS), or petrol, to between N1,010 and N1,050 per litre, marking a 4% increase in Lagos and nearby areas.

Independent oil marketers have adjusted their prices as well, ranging from N1,100 to N1,200 per litre, with regional variations.

With a deregulated market, petrol prices remain unfixed, leading to slight differences across filling stations, though some prices remain aligned.