The Pipelines and Product Marketing Company (PPMC) has announced an increase in the price of petrol in Nigeria to N151.56 per litre.

The PPMC made this known in a statement issued and signed by D.O Abalaka.

According to the statement; “Please be informed that a new product price adjustment has been effected on our payment platform.

“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.

“This takes effect from September 2, 2020”.