Petrol price rose by 223%, sold at N770 per litre in May – NBS

The average price of Premium Motor Spirit (PMS), also known as petrol, rose by 223.21 per cent to approximately ₦770 per litre in May 2024 from ₦238.11 per litre recorded in the corresponding period of 2023. The National Bureau of Statistics made this known in its report, Premium Motor Spirit (Petrol) Price Watch for May