Petrol’s equilibrium pricing boosts disposable income with N113b

Average savings from the ongoing new price discovery retail end of the Premium Motor Spirit (PMS), otherwise known as petrol, could exceed $73.1 million monthly, providing a headroom for household’s disposable incomes.

The Nation’s market intelligence at the weekend indicated that retail petrol consumers may be saving nearly $2.5 million daily, with total savings in a month estimated at more than $73.1 million.

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