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JUST IN: Again, FG Increases Petrol Pump Price

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The Federal Government on Wednesday announced increment in the price of petrol.

It says petrol will now be sold for N151.56 per litre.

This was contained in a statement issued by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).

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A statement signed by PPMC’s D.O Abalaka, said the new price takes effect from today Wednesday, September 2.

It stated: “Please be informed that a new product price adjustment has been effected on our payment platform.

“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.

“This takes effect from September 2, 2020.”

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