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The Petroleum Products Marketing Company (PPMC) has increased the price of petrol from N138.62 per litre to N151.56 per litre.
“Please be informed that a new product price adjustment has been effected on our payment platform,” PPMC said in a memo to industry stakeholders.
“To this end, the price of premium motor spirit (PMS) is now one hundred and fifty-one-naira, fifty-six kobo (N151.56) per litre.”
PPMC, an agency under of the Nigerian National Petroleum Corporation (NNPC), said the new price takes effect Wednesday, September 2, 2020.