NNPCL announces increase in PMS pump price

Posted admin News 610 Views 1 Min Read

1 Min Read

Nigerians are in for more hardship as the Nigerian National Petroleum Company Limited (NNPCL), on Tuesday, announced an increase in the pump price of the Premium Motor Spirit (PMS), otherwise called petrol. The hike, has taken rate for petrol price from N617/itre to N897/liter

A short statement from the NNPCL noted:

“This is to inform you that NNPC Retail Management has approved upward review of PMS pump price from N617/itre to N897/liter effective today, 3rd September, 2024.

“Please ensure all your pumps and totems (price boards)/MIDs reflect the new PMS price of N897/liter.

Thank you.

The announcement puts paid to insinuations of new price regime for the product. It also confirms the fears that the end may not be in sight for scarcity of products, as the NNPCL has admitted owing its petrol suppliers a substantial amount.

admin September 3, 2024

Share this Article

Posted by admin

Follow:

A group of seasoned crime reporters drawn from reputable media organisations in Nigeria. To help in creating a friendly Nigerian Police Force that meets the yearnings and aspirations of the citizens towards policing and security of lives and properties. To showcase the positive sides of the Force, as well as celebrating the great feat of police personnel, who have shown uncommon courage in the discharge of his / her responsibility. In the same vein, through objective ratiocination, identify the areas of shortcomings for corrections. We welcome you on board on this journey to build an enviable Nigeria Police Force by actively playing the role of a watch dog. Watch out for crime stories and other security titbits.