Business

FG Insists On N165 Per Litre For Petrol

The Federal Government has said that the pump price of Premium Motor Spirit (PMS) remains N165 per litre across all filling stations nationwide.

This was made known by the Executive Director, Distribution Systems, Storage and Retail Infrastructure, NMDPRA, Mr. Ugbugo Ukoha, in Lagos.

In a similar development, The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it has resolved to maintain the status quo ante, even as the Nigerian National Petroleum Corporation (NNPC) and the Pipeline and Product Marketing Company (PPMC) responded positively to the association’s request by releasing products from their tank farms that can last 32 days.’

IPMAN’s National President, Chinedu Okoronkwo, said this at a briefing in Abuja on Wednesday.

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