Diesel price hits new record high

The price of automotive gas oil, also known as diesel, has hit N625 per litre in some fuel stations, The Cable Reports.

The new development is 4 percent higher than the N540/litre it sold last week — and about a 30 percent increase in the two weeks.

It was reported that the ex-depot price crossed N500/litre, causing fuel stations to adjust their pump prices to current realities.

Details later…

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