₦airaland Forum

Nigerians should be ready to pay high or low prices for petrol following the price liberalisation scheme currently in place, the Petroleum Products Pricing Regulatory Agency said on Monday.

The PPPRA is also engaging with the Central Bank of Nigeria to determine the applicable foreign exchange rates for the importation of petroleum products by oil marketers.

The agency’s Executive Secretary, Abdulkadir Saidu, said these while answering questions on the new PMS price regime in Nigeria.

He said, “What we have in place is a market reflective pricing system. Petroleum products prices will be adjusted in line with market realities and the result is what we see presently with prices on the downward slide.

“Accordingly, price will naturally be adjusted to reflect a true picture of market fundamentals at any particular period, high or low.”... https://9jabet.bet/2020/04/28/be-ready-to-pay-higher-for-fuel-pppra/

y na na we cause the coronavirus?

Why ooo you people should pity us

Even when the price of Brent Crude in the world market is less than 15dollars per barrel these people need a crass curse in basic economic laws of demand and supply

Whichever the case God in heaven is our sustainer

Thieves. Thunder go fire una all

Zenithpeak:
Even when the price of Brent Crude in the world market is less than 15dollars per barrel these people need a crass curse in basic economic laws of demand and supply

The report says higher or lower depending on market forces. Definitely you did not read the report at all. You are just as hopeless as the stupid OP that posted a wrong heading to to incite fellow dummies.

we will wait and see

Corporate2020:
The report says higher or lower depending on market forces. Definitely you did not read the report at all. You are just as hopeless as the stupid OP that posted a wrong heading to to incite fellow dummies.

Mr man why the insult Am I not entitled to my own opinion again take it easy if you don't want to be a victim of an unpleasant circumstances in your miserable life Unfortunate somebody

If this is what you call hopeless, then you must be more dumb than I thought

Corporate2020:
The report says higher or lower depending on market forces. Definitely you did not read the report at all. You are just as hopeless as the stupid OP that posted a wrong heading to to incite fellow dummies.

Why can't we build our own refinaries for God's sake? Which Kan wahala country with useless leaders be this?

other countries have reduced their prices of fuel drastically, these slowpokes will always make life harder for its citizens.