3 states lead as average pump price of PMS jumps by 220% in 1 year
At ?691.00 per liter, Kebbi State topped the list of states with the highest retail petrol prices.According to a recent National Bureau of Statistics (NBS) report, the cost of gasoline increased by more than 200% in only a single year.The Premium Motor Spirit (PMS) pump price increased by 220.49% from November 2022 to November 2023, with a recorded price of ?648.93 per liter. This information was reported in the report titled "Premium Motor Spirit (Petrol) Price Watch (November 2023)".The study also showed that Jigawa, Akwa Ibom, and Kebbi State were the three states with the highest average gas prices.