Buhari Govt Is No Longer Fixing Petrol Price – Sylva
September 3, 2020
4:23 pm
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has reiterated that the Federal Government is no longer fixing the pump price of petroleum products in the country.
Sylva made this known while briefing newsmen today on the increase in the pump price of Premium Motor Spirit (PMS), also known as petrol.
The Petroleum Products Marketing Company (PPMC) had on Wednesday announced a new Ex-depot price of N151.56 for petrol.
Read Also: ₦151.56pl Petrol: Time For Protests Against Buhari Govt – HURIWA
Ex-depot price is the price marketers buy products from depot owners.
An increase or decrease in ex-depot
