Petrol Pump Price Reduced To N121.50 By FG - Politics

Petrol Pump Price Reduced To N121.50 By FG - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Petrol Pump Price Reduced To N121.50 By FG (31355 Views)

Petrol Pump Price Reduced To N121.50 By FG by cosby02(op): 12:29pm On Jun 01, 2020

The Petroleum Products Pricing Regulatory Agency has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, also known as petrol.

The PPPRA, which is an agency of the Federal Government, disclosed this in a circular to fuel marketers dated May 31, 2020, which was obtained by our correspondent on Monday.

The sharp drop in crude oil prices on the back of the spread of coronavirus saw the landing cost of petrol hitting a record low in March, wiping off subsidy on the product.

The pump price of petrol, which is still being regulated by the Federal Government, was reduced to N125 per litre from N145 per litre on March 18, 2020, effective March 19.

The PPPRA further announced on March 31 a price band of N123.50 to N125 per litre, effective April 1.

https://punchng.com/breaking-fg-reduces-petrol-pump-price-to-n121-50/

Re: Petrol Pump Price Reduced To N121.50 By FG by okomile(f): 12:31pm On Jun 01, 2020

Las las
We go shine!

3 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by SocialJustice: 12:34pm On Jun 01, 2020

Bought fuel last week Sunday N120.

26 Likes 2 Shares

Re: Petrol Pump Price Reduced To N121.50 By FG by SocialJustice: 12:35pm On Jun 01, 2020

okomile:
Las las
We go shine!

Shine to where?

51 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by okomile(f): 12:39pm On Jun 01, 2020

SocialJustice:
Shine to where?

Shine to the promised land
grin

17 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by NettyNelly(m): 12:40pm On Jun 01, 2020

A good one from our FG. Meanwhile do you need a well designs Logo?. Check my signature

2 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by drskyfly007(m): 12:40pm On Jun 01, 2020

It should go down to 80 naira..Demand for oil has gone down drastically worldwide.

85 Likes 4 Shares

Re: Petrol Pump Price Reduced To N121.50 By FG by NwaNimo1(m): 12:44pm On Jun 01, 2020

If they want they can reduce it to zero......no movement, no revenue!

[img]https://media./images/5e68d97fedefecdf8881fcea6c05d3b3/tenor.gif[/img]

65 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by Nobody: 12:44pm On Jun 01, 2020

Good we don settle the matter

4 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by JimmySwaggart(m): 12:44pm On Jun 01, 2020

We are getting there.

3 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by IYANGBALI: 12:45pm On Jun 01, 2020

It is still very expenses

23 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by DModeCntStopMe: 12:45pm On Jun 01, 2020*

FG and bubu toiling with our emotions.

See as them dey reduce the price like say na pepper or groudnut dey wan sell give us.

Wicked looters

43 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by frankmoney(m): 12:45pm On Jun 01, 2020

Reduce it further to 70 naira

12 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by Bestchoice4me(m): 12:45pm On Jun 01, 2020

Make dem kuku remove d whole N20 na and leave it at N100 biko..

58 Likes 1 Share

Re: Petrol Pump Price Reduced To N121.50 By FG by Digitalstarlite: 12:45pm On Jun 01, 2020*

Anoda gov scam

3 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by Nobody: 12:45pm On Jun 01, 2020

The sad thing is the way it will skyrocket when all this is over...e fit reach 200...cos all the money wey dem don lose dem go wan recover am and na we go pay

5 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by logon599: 12:45pm On Jun 01, 2020

Can it be sustainable? We'll wait to see. Good news though

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Re: Petrol Pump Price Reduced To N121.50 By FG by PureGoldh(m): 12:46pm On Jun 01, 2020

Issoryt...we go dey alright Las Las

1 Like

Re: Petrol Pump Price Reduced To N121.50 By FG by petermichaels(m): 12:46pm On Jun 01, 2020

Is this one reduce?
I beg take it to less than 100 bucks.
Then we can start talking.

Re: Petrol Pump Price Reduced To N121.50 By FG by Revere27: 12:46pm On Jun 01, 2020

Re: Petrol Pump Price Reduced To N121.50 By FG by Fragility6: 12:46pm On Jun 01, 2020

Diz guys na jokers.See as dem dey reduce price with fear but to bring new taxes na once

2 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by Godi25(m): 12:46pm On Jun 01, 2020

It's OK....

Re: Petrol Pump Price Reduced To N121.50 By FG by IYANGBALI: 12:46pm On Jun 01, 2020

SocialJustice:
Bought fuel last week Sunday N120.

liar

4 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by affable4(m): 12:46pm On Jun 01, 2020

Na so. FG doing business with their citizens.

Any government that seats in will discover the lucrative and harassment free business of importing fuel and will refuse to fix existing refineries that one man is building one from scratch.

Fuel should go below 80 by now.

1 Like

Re: Petrol Pump Price Reduced To N121.50 By FG by FireRain: 12:46pm On Jun 01, 2020

Good development.

Re: Petrol Pump Price Reduced To N121.50 By FG by SarkinYarki: 12:46pm On Jun 01, 2020

SocialJustice:
Bought fuel last week Sunday N120.

Where sir?

Re: Petrol Pump Price Reduced To N121.50 By FG by Altimatic27: 12:46pm On Jun 01, 2020

cosby02:
https://punchng.com/breaking-fg-reduces-petrol-pump-price-to-n121-50/

If only Nigerians can use this medium to reduce demand for petrol its going to drop back to 65

Re: Petrol Pump Price Reduced To N121.50 By FG by Ladiesdoctor(m): 12:46pm On Jun 01, 2020

Actually I did not read the post but I think the girl
has no right to beat up her boyfriend in public.
Maybe they should report the matter to their
village elders but if the neighbour refuse to pay
his rent they should just kill the landlord and
forget about the missing car.

2 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by popcykaylah(m): 12:46pm On Jun 01, 2020

Until is goes to about 100 naira or less ..them never do anything

1 Like

Re: Petrol Pump Price Reduced To N121.50 By FG by AdeniyiA(m): 12:46pm On Jun 01, 2020

The real price shouldn't even be up to #50

6 Likes

Re: Petrol Pump Price Reduced To N121.50 By FG by IMASTEX: 12:46pm On Jun 01, 2020

Let the crayfish price continue dancing. When they finally bring it down below #100 that is when we will know they mean business.

1 2 3 4 5 Reply

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