JUST IN: Again, FG Increases Petrol Pump Price

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.”