BREAKING: FG reduces petrol pump price to N123.50 litre

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Federal Government (NigeriaGov) has announced a reduction of the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre. HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC

According to the Petroleum Products Pricing Regulatory Agency , Executive Secretary, Mr. Abdulkadir Saidu, the new price takes effect from today, April 1, 2020.

In a statement in Abuja on Tuesday night, he said: “PPPRA, in line with the Government approval for a monthly review of Premium Motor Spirit pump price, hereby announces Guiding PMS pump price of N123.50 per Litre.“The Guiding price which becomes effective 1st April 2020, shall apply at all retail outlets nationwide for the month of April, 2020.

“PPPRA and other relevant regulatory Agencies shall continue to monitor compliance to extant regulations for a sustainable downstream petroleum sector. Members of the Public and all Oil Marketing Companies are to be guided accordingly.” The Federal Government had last month decreased the pump price from a maximum band of N145 per litre to N125 per litre consequent upon the decline of the crude oil prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Is that what we want

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC What is the difference. Why not reduce it to 80

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Seriously. When everyone de stay at home, Na who go buy am.

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC And so what, this is a joke 1.50 kobo .... Rubbish

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Who is actually regulating this pump price? I hope is sense is sanitize oh!

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC What the difference .. 125 and this?

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Useless ppl

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Reduction on price of petrol and restriction and or lockdown in some areas. Hope there os home delivery for poor Nigerians who buy 1 litre for their Gen.

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Very funny government. What's wrong with taking it to 50 per liter

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC This is suspect. The other time the shameless NigeriaGov reduced pump price some 2 weeks ago from 145 - 125, a few days afterwards, they also devalued the naira dropping it from 360 - 380. I hope we aren't heading for another of such?

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC You can do better

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC If this is not April fool, then NigeriaGov is fooling themselves. What do I want to do with fuel during lock down. Drink it? or ise it as oil to fry grasshopper? Cos no money to buy egg sef

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Hope is not April full

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC 👍👍

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Nonsense compare with the price in international market...

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC The citizens are crazy

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC April fool

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC The only thing we need is alerts through our BVN from the billions being donated so we can 'stay at home'. Na person wey get wetin to chop go relax for house. Las las we won't see anything reasonable the billions will do. Who's still talking of jack ma's donations?

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Why do we not have power supply in this trying time. the FG wants us to Watch our ceilings ? Gen sounds everywhere! We can't hear or watch news! We can't even preserve the perishable food stuffs we bought. Haba! How many can still afford that fuel? FG !!!

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Is this a joke? Are we to buy the fuel, while watching TV or have the filling stations make home deliveries to our cars? Lower tax, VAT and remove stamp duty and wht....that's how to boost morale..

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Doesn't make any difference. Despite the fact that it is 'price of d people, for d people, and by d people of nija' now

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Who is buying fuel in the major cities at this lockdown? If it continues after the pandemic is over then its a welcome development. In the mean time, address the issue of PHCN hike.

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Tell transporters to reduce fare

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC And what of subsidy?

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC At this rate it will go down to 12 naira

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC It suppose to be 70

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC thisjayeju u see ur pipu

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Talk is cheap

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC FG is also aware of April fool😂😂😂

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Welcome development

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Some filling stations here in Lagos has not reduced it. They’re still selling at 145 and that’s very bad

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Nice...

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC In this lockdown 🙄🙄🤢

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Is so disappointing What's the difference between 125 To the new price of 123 If our Government wants to make a difference know to the pple let them Or if not leave things the way they are..We as Citizens are tired of complaining..

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC This people are just toying with us, pms dropped almost $30 what these people could remove is 21.50k. Una dey try ...

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC What we really want is 4 FG to stop d Discos from increasing electricity tariffs.That affects us more. We need regular supply as we lockdown

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Is that a reduction? Why cant they take it down to 100 naira?

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC That's a good move but they should reduce it the more to like 90

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC Are these people okay. From N125 to N123.50 are they kidding us. What difgerence will that make. These people are jesters

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC April Fool

NigeriaGov HETimipreSylva FMPRng NNPCgroup ExxonMobil_NG TOTALNigeria Chevron eni aiteogrp erotonep Oando_PLC So we are selling at about times 4-5 of world crude oil price. I hope we are saving the excess money shaa, abi they are still paying subsidy on this one too?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senators donate 50% of salaries for COVID-19 fightThe Senate has disclosed that senators will contribute 50 per cent of their salaries to efforts geared towards responding to the spread and treatment Highly Commendable Why not their allowances that is worth millions of naira? Nigeria we hail dee..... Before you praise them, please note: Monthly allowance- -13.5million Monthly salary- -750,000 naira Half month salary- -375,000 naira So they get over 14million a month, But are “donating” 375k 😆 😂 Ole ni everybody
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Covid-19: Kano Commissioners, others slash 50% salary - Vanguard NewsKano State Commissioners and other political office holders have donated 50 percent of their salaries to provide intervention and... And?
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Senators to donate 50 percent of salaries to fight COVID-19The Senate on Monday said that Senators have agreed to contribute 50 per cent of their salaries to support the efforts being made to contain the spread... What goes around comes around No be say them kuku feel anything still...... Good move anyways You sure say no be AUDIO MONEY
Source: TheNationNews - 🏆 6. / 69 Read more »

COVID-19: Nigerian senators donate 50 percent of salaries – Daily TrustNigeria's Senators have donated 50 percent of their salaries to support efforts at combating coronavirus pandemic in the country. To who? What exactly did they donate to ? 😏😏😏 To who, what and on what
Source: Daily Trust - 🏆 13. / 51 Read more »

Senators To Donate 50 Percent Of Monthly Salaries To Tackle CoronavirusSenators To Donate 50 Percent Of Monthly Salaries To Tackle Coronavirus. Current to savings account!🤕 Audio donation Better for them
Source: channelstv - 🏆 7. / 63 Read more »

Yobe governor, deputy, lawmakers, judges donate 50% of salaries to combat coronavirusOthers who have indicated same gesture include the Secretary to the State Government and members of the Yobe State House of Assembly. Jokers😂😂 Donate 100% please
Source: PremiumTimesng - 🏆 3. / 78 Read more »