By Udeme Akpan, Energy Editor
Pump price of Automotive Gas Oil (AGO), otherwise known as diesel, have recorded significant hikes in Lagos, Port Harcourt and Warri.
This comes against a relatively stable prices for Premium Motor Spirit (PMS) otherwise known as petrol despite fears of pressure from a renewed hostility in the Middle-east war between US and Iran, the main source of previous pump price increases.
In Lagos, African Terminal increased its diesel loading price by N50 per litre to N1,500 per a litre, with Gulftreasure, Ibachem, Ibeto and T.Time also selling at N1,500 per litre.
In Port Harcourt, Matrix raised its diesel price by N50 per litre to N1,550 per litre, making it one of the highest-priced major depots for the product.
