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NNPC Confirms N125/Litre As New Price Of Premium Motor Spirit (PMS)

By The Nigerian Voice
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The Nation's Oil Company, Nigeria National Petroleum Corporation (NNPC) have announced reduction in the retail pump price of Premium Motor Spirit (PMS). The new price regime will translate to N125/Litre.

In a statement obtained by The Nigerian Voice from the twitter handle of Ministry of Petroleum Resources, it stated: "In compliance with the directives of the Honourable Minister of State for Petroleum Resources on PMS pricing, the Corporation has reviewed its Ex-coastal, Ex-depot and NNPC Retail pump prices accordingly".

The price change is expected to commence nationwide today as relevant agencies have been activated for the new price.