Home [ MAIN ] NEWS PPMC Hikes Price of Petrol to ₦151.56 per litre

PPMC Hikes Price of Petrol to ₦151.56 per litre

EXPLAINER: How Fuel Subsidies Work

The Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the price of petrol in the country for September.

A memo from the PPMC on Wednesday to stakeholders, including depot owners, which was signed by D.O Abalaka, sighted by THISDAY, pegged new price of the product at ₦151.56 per litre.

The company stated that the new price regime takes effect from September 2, 2020 and directed all operators to abide accordingly.

Source: THISDAY

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