Oil

FG Announces Further Reduction On Pump Price Of Petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre.

The agency made the announcement in a statement signed by its Executive Secretary, Abdulkadir Saidu, in Abuja.

Saidu made it known that “PPPRA in line with the government approval for a monthly review of Premium Motor Spirit (PMS) pump price, hereby announces Guiding PMS pump price of N123.50 per Litre. The Guiding price which becomes effective April 1 2020, shall apply at all retail outlets nationwide for the month of April, 2020.”

Comment here