LAGOS OCTOBER 20TH (NEWSRANGERS)-The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist anymore, the Federal Government said on Monday. It also said while workers of the three agencies would be protected, their chief executives had been relieved of their various…
PRESS RELEASE The attention of the Petroleum Products Pricing Regulatory Agency (PPPRA) has been drawn to speculations about the increased pump price of PMS. The PPPRA by this release wishes to state clearly that the Guiding Prices posted on our website was only indicative of current market trends and do not translate to any increase…
LAGOS APRIL 1ST (NEWSRANGERS)-The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre. The agency made the announcement in a statement singed by its Executive Secretary, Abdulkadir Saidu, in Abuja on Tuesday night. “PPPRA in…
LAGOS MARCH 21ST (NEWSRANGERS)-The Petroleum Products Pricing Regulatory Agency (PPPRA) has said it will start the modulation of petroleum products prices on a monthly basis as from April 1. This was disclosed by PPPRA Executive Secretary, Abdulkadir Saidu, at a press conference, where he revealed that the price modulation will be determined by market forces,…