The Federal Government has announced another petrol price reduction amidst the rise of COVID-19 in Nigeria.
Our correspondent reports that the Petroleum Products Pricing Regulatory Agency (PPPRA), Executive Secretary, Mr Abdulkadir Saidu, disclosed reduction of the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre in a statement in Abuja, Nigeria’s capital on Tuesday night
March 31,2020
According to him ,PPPRA,in line with the government approval for monthly review of premium motor spirit (PMS) pump price of N123.50 per litre.
The guiding price which becomes effective 1st April,2020 shall apply at all retail outlets nationwide for the month of April 2020
PPPRA and other relevant regulatory agencies shall continue to monitor compliance to extant regulations for a sustainable downstream petroleum sector.Members of the public and all oil marketing companies are to be guided accordingly “,he said.
MiddleBelt Reporters 