Petrol in Nigeria to sell formally at N123.50 beginning from today April 1st

The Federal government through the Petroleum Products Pricing Regulatory Agency (PPPRA), has announced a reduction in the pump price of petrol.

A statement signed by the PPPRA Executive Secretary, Abdulkadri Saidu, says the new retail price of petrol would be N123.50 beginning from today April 1st.

The new price is N1.50 lower than the N125 per litre announced on March 18th.

“The PPPRA, in line with the government approval for a monthly review of premium motor spirit (PMS) pump price, hereby announces guiding PMS pump price of N123.50 per litre.

The guiding price, which becomes effective April 1, 2020, shall apply at all retail outlets nationwide for the month of April, 2020.

The PPPRA and other relevant regulatory agencies shall continue to monitor compliance to extant regulations for a sustainable downstream petroleum sector.

Members of the public and all oil marketing companies are to be guided , accordingly.” he said
Recall that on March 18, the Federal Executive Council had approved a reduction of petrol pump price from N145 to N125.

After the slash of petrol pump price was announced, PPPRA announced that the federal government approved a monthly review of petrol price to reflect global crude oil market trends.

Share your story with us:sms-+2348107564051, WhatsApp – +2348055459181 – Email – loudspeaker4naija@gmail.com

Remember:Enter your email address to subscribe to this blog and receive notifications of new posts by email. Advertise with us. Send us enquiries , press release.
Subscribe Now/share/comments/Liked

You can also visit our YouTube channel/YouTube.com/LOUDSPEAKER4NAIJA TV

Instagram/Loudspeaker4naija.media

156 thoughts on “Petrol in Nigeria to sell formally at N123.50 beginning from today April 1st

  1. Hey there would you mind letting me know which hosting company you’re working with?
    I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most.

    Can you suggest a good internet hosting
    provider at a fair price? Thank you, I appreciate it!

    Feel free to visit my blog :: Buy weed online

  2. I wanted to thank you for this wonderful read!! I certainly loved every little
    bit of it. I have got you saved as a favorite to look at new things you post…

    Feel free to surf to my blog post: I-601A

  3. After I initially commented I seem to have clicked on the -Notify me when new comments are added- checkbox and from now
    on each time a comment is added I recieve 4
    emails with the exact same comment. There has to be a means you can remove
    me from that service? Many thanks!

    Here is my web site :: SEO site builder

Leave a Reply

Your email address will not be published. Required fields are marked *

Loudspeaker4naija Entertainments