The Pipelines and Product Marketing Company (PPMC), has declared an increment in the pump price of petrol.
PPMC, an auxiliary of the Nigerian National Petroleum Corporation, NNPC, said the pump price of petrol has increased to N151.56 per litre.
This was contained in an announcement signed by D.O Abalaka of the PPMC.
As stated by the announcement, the new price adjustment has been effected.
Abalaka expressed: “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.”