President Buhari government increases petrol price to N151.56 per litre

President Buhari government increases petrol price to N151.56 per litre

The Pipelines and Product Marketing Company (PPMC), has announced an increment in the pump price of petrol.

PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, said the pump price of petrol has increased to N151.56 per litre.

This was contained in a statement signed by D.O Abalaka of the PPMC.

According to the statement, the new price adjustment has been effected.

Abalaka 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.

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“This takes effect from September 2, 2020.”

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