The Nigerian National Petroleum Corporation, NNPC, Saturday, warned depot owners and terminal operators, against selling Premium Motor Spirit, PMS, also known as petrol, above the stipulated ex-depot price.In a statement in Abuja by its Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, the NNPC said the official ex-depot price of PMS remained N133.28 per litre.
According to Ughamadu, the PMS ex-depot price is the ceiling at which depot owners or terminal operators sell products to marketers, while the pump price of a product is the amount consumers buy it from fuel stations.
vanguardngr Remove subsidy and free the economy. Pay living wage. Improve infrastructure
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