Nigerian-government reduces petrol pump price to N121.50

The Petroleum Products Pricing Regulatory Agency has announced a new pump price band of N 121 . 50 to N 123 . 50 per litre for Premium Motor Spirit, also known as petrol .

The PPPRA , which is an agency of the Federal Government , disclosed this in a circular to fuel marketers dated May 31 , 2020 , which was obtained by our correspondent on Monday .

The sharp drop in crude oil prices on the back of the spread of coronavirus saw the landing cost of petrol hitting a record low in March , wiping off subsidy on the product .

The pump price of petrol , which is still being regulated by the Federal Government , was reduced to N 125 per litre from N 145 per litre on March 18, 2020 , effective March 19.

The PPPRA further announced on March 31 a price band of N 123 . 50 to N 125 per litre, effective April 1 .

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

4 thoughts on “Nigerian-government reduces petrol pump price to N121.50

  1. That is really fascinating, You are an overly skilled blogger.
    I have joined your rss feed and look ahead to
    in quest of more of your magnificent post. Additionally, I’ve shared your website in my social networks
    3aN8IMa cheap flights

  2. Link exchange is nothing else except it is only placing the other person’s weblog link on your page at
    appropriate place and other person will also do similar
    in support of you. 3aN8IMa cheap flights

Leave a Reply

Your email address will not be published.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

Loudspeaker4naija Entertainments