PMS Prices Determined By Free Market Forces – NNPCL

Independentng | 06-09-2024 12:00pm |

ABUJA – The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the prices of Premium Motor Spirit (PMS) are dictated by free market forces, as mandated by the Petroleum Industry Act (PIA). During an appearance on TVC News’ “Journalists’ Hangout,” Executive Vice President of Downstream, Mr. Adedapo Segun, highlighted that foreign exchange illiquidity [...]

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