Barring any last minute change of mind, Nigerians may need to brace up for a fresh regime of hike in petroleum prices across the country in the coming days.
This is because the Petroleum Products Marketing Company (PPMC) has adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from N147.67 to N155.17.
The PPMC is a subsidiary of the Nigerian National Petroleum Corporation, NNPC, and currently imports almost all of Nigeria’s petrol.
A memo dated November 11, showed that the new price regime becomes effective on November 13, 2020.
The memo, signed by Ali Tijani of the PPMC, showed that the landing cost average for PMS has increased from N119 in September and October to N123 in November.
Dillian Whyte has urged Anthony Joshua to continue fighting until he finds his form again.…
Patrick Stewart has been appointed as the new chief executive officer of Rangers and will…
Kevin De Bruyne has revealed uncertainty about whether this season could be his last at…
Real Madrid forward Vinícius Júnior has been ruled out of Wednesday’s Champions League clash against…
Two men have been killed in Kwale, Ndokwa West Local Government Area of Delta State,…
Renowned Nigerian comedian and actor, Okechukwu Anthony Onyegbule, widely known as Okey Bakassi, has sparked…