The Dangote Petroleum Refinery has raised its gantry price of Premium Motor Spirit (PMS) to ₦1,175 per litre, the third upward adjustment in seven days.
The refinery communicated the new ex-depot price to marketers and depot operators on Monday, up ₦180 from the ₦995 per litre announced on Friday, an 18.1 per cent increase in three days.
Dangote also revised the gantry price of Automotive Gas Oil (diesel) upward to ₦1,620 per litre.
The latest hike follows two earlier adjustments last week that pushed gantry prices from ₦774 to ₦995 per litre.
The rapid price movement has left consumers reeling.
Tribune Online reports that consumers and other end users of PMS have continued to groan over what they describe as a sudden increase in the pump price.
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