The price of Premium Motor Spirit (PMS) also known as petrol in Nigeria is to hit as high as N170 per litre as Pipelines and Products Marketing Company (PPMC) hiked the ex-depot price to N155.17 per litre. Before this action by PPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the ex-depot price of petrol was N147.67 per litre. Depending on the marketer involved or the proximity of thier filling stations to the loading depot, there is always a differentials of between N12 and N15 between the ex-depot…
Read MorePetrol hits N170/litre in Nigeria + PPMC Memo on Ex-depot price hike
