By Ovie Okpare
The Federal Government on Wednesday announced increment in the price of petrol.
It says petrol will now be sold for N151.56 per litre.
This was contained in a statement issued by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
A statement signed by PPMC’s D.O Abalaka, said the new price takes effect from today Wednesday September 2.
It 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.
“This takes effect from September 2, 2020.”