The pump price of premium motor spirit (PMS), has increased yet again to N151.56 per litre.
According to a memo by the Pipelines and Product Marketing Company (PPMC) and signed by D.O Abalaka, the new price regime takes effect from September 2, 2020.
“Please be informed that a new product price adjustment has been effected on our payment platform.
“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.
“This takes effect from September 2, 2020” the memo said.