Petrol Landing Cost Drops to ₦971 per Litre, but Pump Prices Remain High
In recent developments, the cost of landing Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has seen a significant decrease. The landing cost, which determines the expense of importing and distributing petrol, has dropped to ₦971 per litre in November 2024, marking a notable reduction of 20.23% from ₦1,219 per litre in August…