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Petrol price jump from N138 to N151

By Dennis Erezi
02 September 2020   |   2:48 pm
The Petroleum Products Marketing Company (PPMC) has increased the price of petrol from N138.62 per litre to N151.56 per litre. "Please be informed that a new product price adjustment has been effected on our payment platform," PPMC said in a memo to industry stakeholders. "To this end, the price of premium motor spirit (PMS) is…

The Petroleum Products Marketing Company (PPMC) has increased the price of petrol from N138.62 per litre to N151.56 per litre.

“Please be informed that a new product price adjustment has been effected on our payment platform,” PPMC said in a memo to industry stakeholders.

“To this end, the price of premium motor spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56) per litre.”

PPMC, an agency under of the Nigerian National Petroleum Corporation (NNPC), said the new price takes effect Wednesday, September 2, 2020.

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