Fed Govt Slashes Petrol Pump Price to N87 per Litre

The Federal Government Sunday night reduced the price of Petroleum Spirit (PMS) to N87.00 per litre.

The new price is takes effect from midnight of 18th Day of January, 2015.

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The PPPRA ‎has also been directed to immediately effect the new change.

The change is said to be in view of recent reduction in the global price of crude oil

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Litre of petrol presently sells for N97.

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