Petrol to sell N123.50 per litre from April -PPPRA

April 1, 2020
18 Views

The Petroleum Products Pricing and Regulatory Agency has reduced the pump price of petrol to N123.50 per litre from the current price of N125.

This comes about a fortnight after the agency reduced the pump price to N125 from N145.

Petrol to sell at N125 from Thursday -NNPC

The reduction is based on the reduced landing cost of petrol into Nigeria which is caused by the global decline of crude oil prices.

Abdulkadir Saidu, the Executive Secretary of PPPRA, who announced the new pump price, said all retail outlets should start selling at the new price from April 1.

Earlier, the state oil firm, NNPC, announced that it had enough petrol in circulation to ensure there was no scarcity of the essential product as millions of Nigerians remain at home because of the COVID-19 outbreak.

<!–

–>

You may be interested

Defection: APC Says ‘We Won’t Miss Uduaghan, He Came Alone, Left Lone’
News
News

Defection: APC Says ‘We Won’t Miss Uduaghan, He Came Alone, Left Lone’

admin - September 29, 2020

*The APC logo By Ifeanyi Olannye The Delta Chapter of the All Progressives Congress (APC) has said that it would…

NNPC Not Scrapped in New Petroleum Industry Bill, Says Sylva 
Business
1 views
Business
1 views

NNPC Not Scrapped in New Petroleum Industry Bill, Says Sylva 

admin - September 29, 2020

*Chief Timipre Sylva  By Kingsley Okoye Minister of State for Petroleum, Timipre Sylva has demised media reports that the new…

What must be done to save Nigeria from the precipice —Ayo Adebanjo
Entertainment
Entertainment

What must be done to save Nigeria from the precipice —Ayo Adebanjo

admin - September 29, 2020

Elder statesman, Chief Ayo Adebanjo and chieftain of Afenifere, in this interview by BOLA BADMUS, speaks on the bane of…

Leave a Comment

Your email address will not be published.