Nigerian Government Increases Petrol Price From N121.50 To N143.80
The Petroleum Products Pricing Regulatory Agency (PPPRA) who announced this on Wednesday, June 1, 2020, said a new price band of N140.80 to N143.80 per litre will apply for 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 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.
“All marketers are advised to operate within the indicative prices as advised by the PPPRA.”
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