The recent upwards shot in petrol pump price, from N158 to N168, has been attributed to the announcement of a possibility of having a vaccine for the Novel Coronavirus (COVID-19) Pandemic soon. The Minister of State for Petroleum Resources, Chief Timipre Sylva, stated this while addressing State House Correspondents on Monday, November 16, 2020, after […]
The Federal Government has increased the pump price of Premium Motor Spirit popularly known as petrol to N143.80 per litre. This was revealed, in a circular dated July 1, 2020 to marketers by the Petroleum Products Pricing Regulatory Agency(PPPRA) . The circular read in part: “After a review of the prevailing market fundamentals in the […]
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