BEARS & BULLS
BEARS: Prized PMS
Grueling queues for Premium Motor Spirit (PMS) have returned to Lagos and other states of the nation for the first time in almost three years. PMS has become such a prized possession that dispatch riders are now being engaged to supply the product to companies and individuals who require it but don’t have the patience to stand in queues.
Last week, our correspondent watched a desperate driver buy 5litres of PMS from a road side dealer at N2000.
Indeed, PMS has become a prized asset, but it shouldn’t be the case.