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The Petroleum Product Pricing Regulatory Agency (PPPRA) has recommended an upward review of the retail pump price of petrol from the previous N121.50.
According to the agency, the recommended petrol retail band for a litre of petrol is now between N140.80 and N143.80.
You can recall the provision for the establishment of a monthly price band within which petroleum marketers are expected to sell PMS at the retail stations, based on the existing price regime,
More to follow…
