It is official petrol pump price has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC).
This new development was contained in a memo released by the Pipelines and Product Marketing Company (PPMC) and signed by D.O Abalaka.
The PPMC statement 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 takes effect from September 2, 2020”.
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