Business
Again, fed govt slashes petrol pump price
The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, also known as petrol.
The PPPRA, an agency of the Federal Government disclosed this in a circular to fuel marketers dated May 31, 2020, which was made available to Nation Update on Monday.
The sharp drop in crude oil prices on the back of the spread of coronavirus saw the landing cost of petrol hitting a record low in March, wiping off subsidy on the product.
The pump price of petrol, which is still being regulated by the Federal Government, was reduced to N125 per litre from N145 per litre on March 18, 2020, effective March 19.
The PPPRA announced on March 31 a price band of N123.50 to N125 per litre, effective April 1.
Imo women get assurance: Maazi Amadi promises new era of prosperity, inclusiveness, development
Nigeria’s maritime industry, key driver of job creation, regional integration – Akutah, NSC boss
Nigerian Customs rolls out AEO Programme to enhance trade facilitation
-
Business5 years agoPay-As-You-Go not applicable to pay TV – FCCPC
-
News5 years agoOrthodox Anglican Church, not Same as Church of Nigeria- Bishop
-
Crime2 years agoPastor allegedly kills female member, prevents 20 year old daughter from attending burial
-
News5 years agoCovid-19: Bishop Onuoha sues for equitable distribution of relief items
-
Football5 years ago‘Youths can build their future’ -says HEDA
-
News1 year agoEx-TCN Abuja GM, Nwaire wears cap of General Overseer Christian Life Gospel Assembly