The Petroleum Products Pricing Regulatory Agency, PPPRA has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit, PMS also known as 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.
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Advised All marketers to operate within the indicative prices.
The Agency had on May 31, 2020 announced a price band of N121.50 to N123.50 per litre for the product which was for the month of June.
(Editor: Terverr Tyav)
