Reactions have begun trailing reports that the Price of Premium Motor Spirit (PMS) otherwise called petrol has soared to ₦212.6 per litre.
The Petroleum Products Pricing Regulatory Agency (PPPRA) had said in a new monthly template that the retail price of petrol would sell between market band of ₦209.61 and ₦212.61.
The increase follows the rising price of crude at the international market as well as instability in exchange rate.
Read also: JUST-IN: Nigerian Govt Makes U-Turn, Pegs New Petrol Price At N212
While the Nigerian National Petroleum Corporation (NNPC) had said price would remained static in March to allow smooth dialogue between government and labour unions, Nigerians have taken to social media to criticise the government for the increment and in the prices of goods and services.
Eko Hot Blog culled some comments on twitter:
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