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Wednesday, July 1, 2020

Breaking: Buhari’s Government Increases Petrol Pump Price

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Breaking: Buhari’s Government Increases Petrol Pump Price

The Federal Government through the Petroleum Products Pricing Regulatory Agency (PPPRA) has declared another retail value band for oil advertisers all over the nation.

In a circular dated July first, reached Inside9ja news room, the downstream controller said oil marketers are currently expected to sell petroleum inside the value scope of N140.80 and N143.80.

"If it's not too much trouble review the arrangement for the foundation of a month to month value band inside which Petroleum Marketers are relied upon to sell PMS at the retail stations, in view of the current value system.

"After a survey of the common market basics in the long stretch of June and thinking about Marketers' reasonable working expenses, as much as practicable, we wish to educate another PMS siphon cost concerning N140.80 to 143.80/Liter for the period of July, 2020," the circular read to a limited extent.

Details later…
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