FG reduces pump price of Petrol

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The Federal Government has announced a slight reduction in the pump price of petrol and has been approved by the Petroleum Products Pricing Regulatory Agency (PPPRA).

The latest directive was contained in a circular to fuel marketers.

A 2 Naira band was removed from the price of Premium Motor Spirit (PMS).

One litre will now sell for between N121.50 to N123.50.

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