Tag: PPPRA
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Nigeria has 47 days petrol sufficiency –PPPRA
The Petroleum Products Pricing Regulatory Agency has declared that Nigeria currently has about 47 days sufficiency of petrol. The PPPRA made this known on Tuesday, stating that the average petrol inland stock between 23rd and 29th of November 2019 stood at 1,145,365,386, while marine stock was 1,542,779,814, with the total stock standing at 2,688,145,200 litres.…
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Yuletide: No plans to increase petrol pump price from N145 – PPPRA
The Executive Secretary Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu on Tuesday refuted the growing speculation on the purported imminent price increase in the pump price of Premium Motor Spirit (Petrol), noting that the retail price of Premium Motor Spirit (Petrol) remains at the subsisting price cap of N145 per litre. According to…
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Nigeria to begin production of bio-fuel to supplement petrol imports-PPPRA
The Executive Secretary of Petroleum Products Pricing Regulatory Agency, PPPRA, Mr. Victor Shidok has said with the right policies, Nigeria should begin production of bio-fuels to augment petrol imports. Shidok said this in Abuja at a news briefing to introduce an upcoming workshop on Bio-fuel Development on Feb. 7. He explained that the workshop would…