Breaking News: FG Hikes Fuel Price To N143.8/Litre - SephoraNews- Nigeria Entertainment Blog SephoraNews- Nigeria Entertainment Blog: Breaking News: FG Hikes Fuel Price To N143.8/Litre
Download Our Mobile App
For Questions, Inquiries, Click Here
Page - Follow us - Call us - Advertise - Mail Us

Thursday, 2 July 2020

Breaking News: FG Hikes Fuel Price To N143.8/Litre

Nigerians, on Wednesday, kicked against the increase in the pump price of petrol by over N20 by the federal government, saying it was ill-timed.

A litre of fuel will now sell between N140.8 and N143.8 at retail stations across the country, up from the previous N121.50 and N123.50 band.
The increase came the same day the lifting of the ban on interstate travel by the federal government took effect. The ban was imposed to contain the spread of coronavirus.
Daily Trust reports that the increase was sequel to the recommendations given to the FG by the Petroleum Product Pricing Regulatory Agency (PPPRA) on the new price band.
Before the announcement of the new prices, the PPPRA Executive Secretary Abdulkadir Saidu said in an advisory: “After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic operating costs, as much as practicable, we wish to advise a new PMS pump price band of N140.80 – N143.80/litre for the month of July 2020.”

Copy the link below and Share with your Friends:

Download Our Official Android App on Google Playstore HERE
Download from another source HERE

No comments:

Post a comment

DISCLAIMER: Comments made here does not reflect in anyway the opinion of Sephora News or its staff.
Send Your Story Here:
Call/Whatsapp: +39 351 208 9016