A recent adjustment of the ex-depot price of petrol is set to brew a fresh increase in the pump price of the product.
The PPPRA added that the price of petrol will be determined by the forces of demand and supply.
Kerosene would be sold for N160 at depots and diesel is set at N160 per litre in Lagos.
The Nigerian National Petroleum Corporation (NNPC) on March 23, 2020, released its monthly operational and financial report for December 2019.
The Nigerian National Petroleum Corporation (NNPC), has cautioned depot owners against selling petrol above the ex-depot price of of N133.28k per litre
The Nigerian National Petroleum Corporation ( NNPC ) said it had recovered assets worth over N771million from some marketers who had underpaid for petroleum products supplied...