Petrol Price In Nigeria Strikes to N212. 61 per litre

 The Price of Petrol or Premium Motor Spirit (PMS)  has smacked to N212.61 per litre.

The template published Thursday night by Petroleum Products Pricing Regulatory Agency (PPPRA) shows that the retail price of petrol would sell between market circlet of N209.61 and N212.61, which marketers usually sell at the upper band.

With ex-depot price standing at N206.42 per liter, the March template showed that the dropping cost for petrol per liter is N189.61.

Although, the Nigerian National Petroleum Corporation (NNPC) had made it known that  price would remain steady as at March to enable smooth dialogue between government and labour unions, with PPPRA’s following the increasing price of crude oil at the international market as well as instability in exchange rate.