Major petroleum products depots in Nigeria on Monday adjusted their landing cost of premium motor spirit and other petroleum products.
The development comes as the global crude oil price, for instance, Brent crude, surged above $80 per barrel on Monday.
In a swift response to rising global oil prices, depot owners in Nigeria had announced at least a N40 petrol price adjustment.
This is the case as DAILY POST correspondent on Monday gathered that Wosbab Depot increased its price to N950 from N909, while Sahara Depot made a similar change to N950 from the N910 it sold a litre of petrol last Friday.
Also, a private depot, Shellplux, increased its loading costs to N960 from N908. Chipet Depot asked retailers to pay N960 per litre to receive products.
It sold at N908 per litre last week Friday.
Nipco Depot increased its price by N38 from N912 to N950, while the Matrix Warri Depot increased its cost from N925 per litre to N945.
The depot increased its price from…
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