Tag
PETROL PUMP PRICE
The lawmakers insisted that anything that has to do with the price of petroleum products must be fixed with a human face.
There would be no increase in the ex-depot price of Premium Motor Spirit in the month of May 2021.
Most of the stations visited now sell between N167/litre and N170/litre.
A recent adjustment of the ex-depot price of petrol is set to brew a fresh increase in the pump price of the product.
The arm-chair pattern of fixing prices is not correct.
Experts give their views as Nigerians grapple with the effects of an increase in petrol pump price.
The government is still dithering on deregulation allowing NNPC to reduce prices as it desires.
The Federal Government has reduced the pump price of Premium Motor Spirit, popularly known as Petrol, from N125.00 to N123.50 with effect from Wednesday, April 1, 2020.
[@NNPCgroup] dismissed reports that a new Petrol (Premium Motor Spirit) pump price is on the line.