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Petroleum Products Pricing Regulatory Agency (PPPRA)

Market Forces To Now Determine Price Of Petrol – FG

Written by on 9 September 2020

The price of Premium Motor Spirit (PMS), popularly referred to as petrol, will now be fully based on the forces of demand and supply, the Federal Government reiterated on Tuesday. Speaking at a press conference in Abuja, the General Manager (Admin and Human Resources) of the Petroleum Products Pricing Regulatory Agency (PPPRA), Victor Shidok, said […]

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Petrol price should be about N155/litre – Marketers

Written by on 2 September 2020

The pump price of petrol should be closer to N155 per litre, the Chairman of the Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said. Oyebanji, who is the managing director/chief executive officer of 11Plc (formerly Mobil Oil Nigeria Plc), said this on Tuesday on CNBC Africa. Petrol price was increased by marketers […]

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NUPENG, PENGASSAN mad over petrol price hike

Written by on 7 August 2020

As more marketers raised the pump price of Premium Motor Spirit (PMS) (petrol) on Thursday, the Nigeria Union of Petroleum and Natural Gas (NUPENG) workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have voiced their opposition to the deregulation of the downstream petroleum sector when the country is still relying […]

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No going back on petrol price control, PPPRA insists

Written by on 29 June 2020

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Sunday insisted that it would continue fixing price bands for petrol despite opposition by oil marketers to the move. It also declared that a regulation for Premium Motor Spirit (PMS), popularly called petrol, had been established in collaboration with the Federal Ministry of Petroleum Resources and the […]

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