Nigeria’s Pricing Agency, PPPRA, has not recognised new fuel cost announced by Labour and Employment Minister Confusion has greeted the N5 per litre price reduction on Premium Motor Spirit (PMS) also known as petrol.Minister of Labour and Employment, Dr. Chris Ngige, had said that the pump price of petrol had been reduced by N5 effective from December 14, 2020. “Our discussion was fruitful and the Nigerian National Petroleum Corporation (NNPC) which is the major importer and marketers of petroleum product and customers have agreed that there will be…
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