Breaking: Petrol pump price reduced to N121.50 – PPPRA

The Petroleum Products Pricing Regulatory Agency, PPPRA, has announced a new pump price band from N123.50 to N121.50 per litre for Premium Motor Spirit, also known as petrol.

The PPPRA, which is an agency of the Federal Government, disclosed this in a circular to fuel marketers dated May 31, 2020.

The sharp drop in crude oil prices on the back of the spread of coronavirus saw the landing cost of petrol hitting a record low in March, wiping off subsidy on the product.

Partner with Expressiveinfolet’s help your business/brand reach a wider audience.
Advertise with us today!
Call 08039323645, 08071610134

Please share
error