The ex-depot price of Premium Motor Spirit, also known as petrol has been increased from N138.62 per litre to N151.56 per litre.
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation disclosed this on Wednesday.
The PPMC conveyed the latest development in an internal memo from Ibadan depot to all stakeholders with reference number PPMC/IB/LS/020 dated September 2, 2020 and signed by D.O Abalaka.
The ex-depot price is the price at which the product is sold to marketers at the depots.
The memo, reads, “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 is effective from September 2, 2020.”
Copyright ©Master News.
All rights reserved. This post: 'Just in: PPMC increases petrol depot price from N138.62 to N151.56 per litre' and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from Master News.
Contact: info@masternews.com.ng
Share your story with us:
Phone: 080 667 526 79
WhatsApp: 080 667 526 79
Contact us also for advertisement
Thanks for reading!