Again! Buhari’s Government Increases Petrol Price to N151.
The President Muhammadu Buhari-led Government Wednesday increased the pump price of Premium Motor Spirit popularly known as petrol to N151.56 per litre.
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This was disclosed by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
PPMC, in a statement by D. O. Abalaka, said the pump price of petrol has increased to N151.56 per litre and effected accordingly.
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According to him, “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.”
The company directed all operators to abide accordingly.
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