BREAKING: FG Reduces Petroleum Pump Price By 2naira

The Federal Government through the Petroleum Products Pricing Regulatory Agency (PPPRA) on Monday released a new pump price band for the month of June with the least price of N121.50 per litre for Premium Motor Spirit (PMS), more popularly known as petrol.


The agency, in a memo with reference number A.4/9/017/C.2/IV/701 and addressed to marketers advised that the product must not be sold at filling stations across the country outside the band of N121.50 to N123.50 per litre.

It also fixed the band for ex-depot price at N102.13 to N103.13 per l