The Petroleum Products Pricing Regulatory Agency (PPPRA ) today Monday 1,2020 announced the reduction of the pump price of the Premium Motor Spirit (PMS) to N121.50 from N123 per litre.
The latest directive was contained in a circular to fuel marketers.
According to its guidelines price for the month of June 2020, the ex-depot price band is now N100. 13 and N108. 13 per litre while ex-depot for collection is N108. 78 and N111.78 per litre.