FG revert fuel price to 143

By BrooomJul 01, 2020, 19:55 pm0

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The Federal Government has increased the pump price of Premium Motor Spirit, also known as petrol from N140.80 to N143.80 per litre.

The Petroleum Products Pricing Regulatory Agency (PPPRA) announced the increment in a statement issued by its Executive Secretary, Abdulkadir Saidu on Wednesday.

“After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic operating costs, as much as practicable, we wish to advise a new PMS pump price band of N140.80 – N143.80 per litre for the month of July 2020,” the statement read.

“All marketers are advised to operate within the indicative prices as advised by the PPPRA.”

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Brooom

Prince Babatunde also called Brooom is a Nigeria born and based writer, a political journalist, political consultant, publisher and a businessman. Almost a decade now, he has been involved in reporting political activities affecting grassroot development's. He has helped to proffers several solutions to improving lives of many Nigerians especially poor people. His group's is presently working on a mission to develop a template programme for a Cleaner Nigeria and more.