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Again, FG jerks up petrol price - The Revealer
Energy

Again, FG jerks up petrol price

As Nigerians still grapple over tripple increase in electricity tariff, the Petroleum Products Marketing Company (PPMC) has increased the ex-depot price of Premium Motor Spirit to N151.56 per litre.

This is coming less than 45 days after it earlier increased the price to N141 per litre.
PPMC is a subsidiary of the Nigerian National Petroleum Corporation.

The Blueprint reported that this was contained in an internal memo to all stakeholders with reference number PPMC/IB/LS/020 dated September 2, 2020, titled: Product Pricing and signed by D.O Abalaka, the agency stated, “Please be informed that a new product price adjustment has been effected on our payment platform.

”To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.

“This is effective from September 2, 2020,” the memo added.

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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