Petrol price hits N212.61 per litre – PPPRA
Cost of Premium Motor Spirit (PMS) in any case called petroleum has taken off to N212.6 per liter, Petroleum Products Pricing Regulatory Agency (PPPRA) said in another month-to-month layout.
The format distributed Thursday night shows that the retail cost of petroleum would sell between the market band of N209.61 and N212.61. Advertisers typically sell at the upper band.
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With ex-stop value standing at N206.42 per liter, the March layout showed that the landing cost for petroleum per liter is N189.61.
Albeit the Nigerian National Petroleum Corporation (NNPC) had said the cost would stay static in March to permit smooth discourse among government and worker's guilds, PPPRA's follows the expanding price of unrefined at the worldwide market just as precariousness in swapping scale.
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