Key points Main story The price of Premium Motor Spirit (PMS), popularly known as petrol, has surged by approximately 643 per cent over the past three years, rising from N175 per litre in May 2023 to between N1,300 and N1,400 per litre in May 2026, according to findings by The PUNCH. The sharp increase follows … Continue reading Petrol price surges 643% in three years as subsidy removal, naira devaluation bite harder