The Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC ,has increased the price of petrol to N151.56 per litre .
The PPMC disclosed this in a circular made available to iBrandTV on Wednesday afternoon.
According to a statement by D.O Abalaka of the PPMC, “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.”
He added: “This takes effect from September 2, 2020.”
More details to come..