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BREAKING: Petrol Price Increases To N151.56 Per Litre

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Petrol price has been increased to N151.56 per litre, Pipelines and Product Marketing Company, PPM, has said.

The PPM is the downstream subsidiary of the Nigerian National Petroleum Corporation, NNPC.

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The notice of the increase in pump price of Petroleum Motor Spirit, PMS, was obtained in a statement from PPMC obtained by The Trent on Wednesday, September 2, 2020.

The statement signed by D.O Abalaka said: “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.”

This will be the second time within a space of one month that there has been a change in petrol price.

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