FG INCREASES PETROL PUMP PRICE TO N143 PER LITRE

The Petroleum Product Pricing Regulatory Agency (PPPRA) has announced a new retail price band of N140.80 – N143.80 per litre for Premium Motor Spirit, also known as petrol.
This was contained in a circular dated July 1, 2020 and communicated to marketers.Petrol
“After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic operating costs, as much as practicable, we wish to advise a new PMS pump price band of N140. 80 – N143.80 per litre for the month of July 2020,” it said.
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