FG reduces pump price of Petrol
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.
That’s good improvement especially in this lockdown