After several concerns raised, the Petroleum Products Marketing Company (PPMC) has finally fixed the ex-depot price of premium motor spirit (PMS).
It is now selling at N138.62 per liter and this was revealed in a memo by the Manager, Sales, Mohammed Bello.
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Per the memo released, the new price takes effect from today, 5 August, and the rate at which the product is sold to depot owners pegged at N113.70 per liter.
Diesel was also fixed at N160 per liter and N165 per liter, for depots in Lagos and Oghara respectively.
Kerosene will also be sold at N160 per litre.
Source: ghgossip.com
