Premium Motor Spirit (PMS), also known as petrol will now sell between the range of N168 – N170 per liter.
This is because the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the ex-depot price to N155.17 per litre from N147.67 per litre.
The PPMC disclosed this in an internal memo sighted by Igbere TV with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by Tijjani Ali.
In the memo, a copy of which was seen by our correspondent, PPMC said the new ex-depot price would take effect from Friday, Nov. 13 (today).
Details later…
