July 18, 2022

 Premium motor spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle agreement between federal government officials and oil marketers.

Findings revealed that the development was the outcome of a meeting between the Nigerian midstream and downstream petroleum regulatory authority and oil marketers last Thursday.

Oil industry sources privy to the meeting say it was agreed the pump price of petrol should

Oil marketers however denied holding a meeting with the NMDPRA on the subject matter but sources close to the matter confirmed to journalists the meeting actually held.