The Pipelines and Product Marketing Company (PPMC), has announced an increment in the petrol price.
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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.
“This takes effect from September 2, 2020.”