Petroleum Products Pricing Regulatory Agency (PPPRA) says the guiding price of premium motor spirit (PMS), for March 2021 is 211.11 per litre. A pricing template for the period, February 1 and 28 2021, published on the agency’s website based on the average costs of imported petroleum products also puts the lower band of the new
BREAKING: FG raises petrol pump price to N143.80
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit, also known as petrol. The PPPRA, in a circular dated July 1, 2020 to marketers, said, “After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic
UPDATED: FG reduces petrol pump price
The Federal Government on Wednesday announced a reduction in the pump price of the Premium Motor Spirit (PMS) otherwise known as petrol. A statement which the Minister of State for Petroleum Resources, Chief Timipre Silva issued in Abuja did not mention the approved price. According to him, the Petroleum Products Pricing Regulatory Agency (PPPRA )
FG Issues Conflicting Reasons For Fuel Shortage
[dropcap]N[/dropcap]igerians wishing a quick end to the scarcity of fuel across the country may have more days to wait going by the explanation offered by Minister of State for Petroleum, Ibe Kachikwu. Kachikwu at a press briefing in Abuja yesterday blamed the fuel crisis on gap in supply of petroleum products. His explanation, however,