The Nigerian government has announced a slight reduction in the pump price of petrol.
The Petroleum Products Pricing Regulatory Agency (PPPRA) gave the new approval earlier today.
The latest directive was contained in a circular to fuel marketers.
A Two Naira (N2) band has been removed from the price of Premium Motor Spirit (PMS).
A litre is soon expected to sell for between N121.50 to N123.50.
Nigeria Star News 