Tags : Hike in PMS price

FG To Increase PMS To N234, Says Subsidy Is Too

The Federal Government of Nigeria, through the NNPC, has said it can no longer afford to pay subsidies for Premium Motor Spirit (PMS) hence the planned increment of pump price from N162 to N234 per litre. The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mele Kyari, said subsidy currently costs the corporation N120 […]Read More

Nigerian Government Denies Hike In Petrol Price

The Nigerian government through the Nigerian National Petroleum Corporation (NNPC) has debunked the earlier released hike in PMS to N212 per litre. On Thursday evening, The Petroleum Products Pricing Regulatory Agency (PPPRA) posted a template that recommended the price of Premium Motor Spirit, PMS, also known as petrol to be retailed between N209.61 and N212.61 […]Read More