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Friday Olokor and Okechukwu Nnodim
Published 14 March 2021
Published 14 March 2021
…Expect rise in petrol price soon – Oil marketers
Nigerians may pay an increased sum of about N12.61bn every month for the purchase of petrol should the Federal Government implement the N212.61/litre price published by the Petroleum Products Pricing Regulatory Agency on Thursday night.
Going by this, users of petrol across the country may need to pay as high as N37.83bn quarterly for the purchase of the commodity if the government enforces the recently published price.
PPPRA had published the expected new lower and upper prices for petrol at retail outlets, putting the rates at N209.61/litre and N212.61/litre respectively.