The Pipeline and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Commission (NNPC) has announced an increase in the price of petrol from ₦143.80 per litre to ₦151.56 per litre.
Making this disclosure in a statement by D.O Abalaka of PPMC, the commission announced that the increase in the pump price of petrol is expected to take effect from Wednesday, September 2, 2020.
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“Please be informed that a new product price adjustment has been effected on our payment platform.
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“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (₦151.56k) per litre,” The statement read.
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