PPPRA Confirms PMS Pump Price At N123.50 Per Litre

Oru Leonard

The Petroleum Products Pricing Regulatory Agency (PPPRA), has set the price of Premium Motor Spirit (PMS), for the month of April 2020 at N123.50 per litre.

This was contained in a press release signed by Mr Abdulkadir Saidu, the Executive Secretary of PPPRA yesterday.

“PPPRA, in line with the Government approval for a monthly review of Premium Motor Spirit (PMS) pump price, hereby announces Guiding PMS pump price of N123.50 per Litre.

“The Guiding price which becomes effective 1st April 2020, shall apply at all retail outlets nationwide for the month of April, 2020”, he stated.

Abdulkadir said that PPPRA and other relevant regulatory Agencies shall continue to monitor compliance to extant regulations for a sustainable downstream petroleum sector, just as he advised members of the Public and all Oil Marketing Companies are to be guided accordingly.