Wednesday, July
01, 2020 / 06:10 PM / by PPPRA / Header Image Credit: Daily Post
Please recall the provision for the establishment
of a monthly price band within which Petroleum Marketers are expected to sell
PMS at the retail stations, based on the existing price regime.
After a review of the prevailing market
fundamentals in the month of June and considering Marketers' realistic
operating costs, as much as practicable, we wish to advise a new PMS pump price
band of N140.80 -N143.80/Litre, for the month of July, 2020.
Kindly note that the Ex-depot for collection includes the statutory ener charges of Bridging Fund, Marine Transport Average, National Transportigre Allowance (NTA) and the Administrative charge.
All Marketers are advised to operate within the
indicative prices as advised by the PPPRA.
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