The Pipeline Products Marketing Company (PPMC) has announced a new petrol pump price of N151.56 per litre. In a brief internal memo with ref: “PPMC /IB/LS/020, dated September 2, 2020, the company said “a new product price adjustment has been effected on our payment platform. “To this end, the price…
The Federal Government has increased the pump price of Premium Motor Spirit popularly known as petrol to N143.80 per litre. The Petroleum Products Pricing Regulatory Agency(PPPRA) announced the increment of the pump price of Premium Motor Spirit on Wednesday. It said a new price band of N140.80 to N143.80 per…
The Peoples Democratic Party (PDP) which is the major opposition party in Nigeria, has released a statement asking the Federal Government to stop fleecing Nigerians with high fuel price, by immediately reducing the pump price to N70 per litre as against N121 to reflect the appropriate pricing template following the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has called on its members to immediately comply with the recent reduction in the price of Premium Motor Spirit (PMS). The call on Petroleum Marketers followed the recent new price announced by the Petroleum Products Pricing Regulatory Agency (PPPRA), Alhaji Bashir Danmalam,…
The Federal Government has announced a further reduction in the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre, as the international price for crude hit a new low, due to coronavirus pandemic. According to the Petroleum Products Pricing Regulatory Agency (PPPRA), Executive Secretary, Mr. Abdulkadir Saidu,…
The Federal Government of Nigeria on Wednesday 18th March 2020, announced the reduction in the pump price of Petrol to N125 per litre. This new pump price comes after the international crude oil price witnessed it’s heaviest fall in 18years, selling for $26 per barrel. In a statement released by…