Petrol Prices Are Determined By Free Market Forces – NNPC Ltd

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA). Speaking on TVC News’ “Journalists’ Hangout” show on...The post Petrol Prices Are Determined By Free Market Forces – NNPC Ltd first appeared on New Telegraph.The post Petrol Prices Are Determined By Free Market Forces – NNPC Ltd appeared first on New Telegraph.

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