The Nigerian National Petroleum Company L.td., has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities.
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The Nigerian National Petroleum Company Limited (NNPC Ltd) on Wednesday announced the adjustment of the pump price of Premium Motor Spirit (PMS) across its retail outlets, in line with the current market realities.
The report of the House of Representatives ad hoc Committee investigating the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contract (PSC)of NNPC has indicted several oil companies for alleged tax evasion.
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The Federal Government says the fixed pump price of Premium Motor Spirit (PMS) remains N165 per litre as stipulated in…