- Petrol prices are set to increase even further in the coming days and could rise to as high as N720 per litre
- Already, at N600 per litre Nigerians are finding it difficult to afford essential commodities and transportation in their day-to-day lives
- Five reasons have been identified as the reasons for the soaring petrol prices across the country
There are strong indications that filling stations across the country are set to increase the pump prices of Premium Motor Spirit, popularly called petrol in the coming days, adding to the burden of already stretched Nigerians.
The proposed new pump prices are set to be adjusted from the current N580 and N617 per litre to around N680/litre and N720/litre.