BREAKING!!! FG Increases Fuel Pump Price to All Time High

Airtel Nigeria Call services
Social sharing

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N151.56 per litre for Premium Motor Spirit also known as petrol.

This new development was contained in a memo released by the Pipelines and Product Marketing Company and signed by D.O Abalaka.

9News Nigeria recalls that the Nigerian Government had in March said the pump price of petrol would be determined by market forces, stating that how much Nigerians would pay would be largely determined by the international prices of crude oil.

The memo reads, “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. This takes effect from September 2, 2020.”

About Wisdom Nwedene 8017 Articles
Wisdom Nwedene is a seasoned investigative reporter. He is currently an editor @9News Nigeria and also a social media strategist, writer, freelancer. Wisdom Nwedene has also interviewed many top Nigerian celebrities and Politicians. Contact me via : 07034977317 .To always get our news update on WhatsApp, call or text 'add me' to, 07034977317 or send me message via Facebook : Wisdom Nwedene(https://www.facebook.com/wisdom.nwedene) Share your story with us: +234703497 7317 ( Call & SMS only) Email: Nwedenewisdom@gmail.com

1 Trackbacks & Pingbacks

  1. PDP To Buhari: "Nigerians Can’t Survive Your Obnoxious Fuel and Electricity Price Hike" – 9News Nigeria

Leave your comment

UBA Bank
  • Cardi B Explains Why She Is Filling For divorce From Her Husband, Offset

    Social sharing

    Social sharingAmerican rapper, Cardi B, has explained why she is filling for divorce from her Migos rapper husband, Offset. The rapper gave the explanation via Read more

  • Wizkid to Drop ‘Made In Lagos’ Album Soon

    Social sharing

    Social sharingNigerian music sensation, Ayodeji Balogun, popularly known as Wizkid, is set to release his long awaited album titled ‘Made In Lagos’. Although the singer Read more

  • BBNaija: “It Was A Sad Moment For Me” – Erica Writes About Her Disqualification

    Social sharing

    Social sharing“It was a sad moment for me” Erica Nlewedim writes in first Instagram post since being disqualified from the Big Brother Naija reality show. Read more

  • BREAKING!!Nigerian lesbian movie “Ife” dares Censors Board, set for release

    Social sharing

    Social sharing Nigerian lesbian movie “Ife” produced by Pamela Adie and directed by Uyaiedu Ikpe-Etim is set for release despite stern warning from Nigerian Film Read more

  • Nollywood Actress Chika Ike, Replies Regina Daniels’ Mother, “I’m Not Ready To Be 7th Wife To Ned Nwoko.”

    Social sharing

    Social sharing I’m not about to become anyone’s 7th wife – Chika Ike sets the record straight on dating Regina Daniels’ husband, Ned Nwoko Nollywood Read more