Economy

NMDPRA: Petrol consumption rises 10.78% despite price hike

Despite an increase in the pump price of Premium Motor Spirit (PMS), also known as petrol, daily consumption rose by 10.78 percent in April to 52.4 million litres, from 47.3 million litres recorded in March, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has indicated. Petrol price averaged N1,370 per litre in […]