The Minister of State for Petroleum Resources, Timipre Sylva, announced the development on Monday in Abuja.
Browsing: Petroleum Products Pricing Regulatory Agency
According to the template, which the PPPRA released midnight, petrol is expected to sell at a lower retail price of N209.61 and at an upper retail price of N212.61
The agency disclosed this in a statement by Abdulkadir Saidu, its Executive Secretary, in Abuja on Tuesday.
The News Agency of Nigeria reports that the new PIB is currently before the National Assembly for consideration.
Sylva disclosed this in a statement by the Petroleum Products Pricing Regulatory Agency in Abuja on Thursday.
The agency disclosed this in a document on subsidy payment released in Abuja on Monday.
Sylva disclosed this while briefing newsmen in Abuja on Thursday.
The agency made the disclosure in a document it released in Abuja on Thursday, entitled: “Market Based Pricing Regime for Premium Motor Spirit (PMS) Regulations, 2020”
The NNPC Retail Limited, one of the downstream subsidiaries of the Nigerian National Petroleum Corporation, has clarified that all its filling stations across Nigeria were selling premium motor spirit (petrol) within the official price band announced by the Petroleum Products Pricing Regulatory Agency for the month of April.
This was contained in a circular signed by its Secretary, Alhaji Ismail Abdul-Majeed, and made available to newsmen on Friday in Ibadan
The agency made the announcement in a statement singed by its Executive Secretary, Abdulkadir Saidu, in Abuja on Tuesday night
The Agency disclosed this in the data for PMS price for March 10 from the Pricing Template for the commodity, released in Abuja on Wednesday
The Presidency has dismissed an online report alleging that Zahra, the daughter of President Muhammadu Buhari, had fraudulently secured a job with the Petroleum Products Pricing Regulatory Agency.
The Petroleum Products Pricing Regulatory Agency says that utilisation of liquefied petroleum gas also known as cooking gas, has risen from 40,000 metric tonnes in April to 78,000 metric tonnes in July.
The Petroleum Products Pricing Regulatory Agency has said getting petrol into the country is now less than N145.
Oluleye who picked the forms at the All Progressives Congress’ National Secretariat in Abuja promised to lay a foundation for solid development of Ekiti using the agricultural potentials of the state.
The Group Managing Director of the NNPC, Maikanti Baru, disclosed the new level of subsidy on Sunday as the corporation and sister organisations turned the supply of fuel into a war room affair
Baru made the appeal during the commissioning of the NNPC Ultra-Mega Station in Shagamu, Ogun State
Saidu, who said this in a statement issued in Abuja on Tuesday, frowned at rumour making the round on the imminent increase in the pump price of Premium Motor Spirit, and said it was not true
Currently, Mobil is one of the largest oil producing company in Nigeria with about 660,000 barrel per day