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In two months, the Petroleum Products Pricing Regulatory Agency (PPPRA) has again increased the price band of N151.56 per litre for Premium Motor Spirit also known as petrol.
The PPPRA had, in a circular of July 1, 2020 to marketers, announced a new price band of N140.80 to N143.80 per litre for PMS, saying “After a review of the prevailing market fundamentals in the month of June and considering marketers’