UPDATED: Fuel price raised to N140.80 per litre while Domestic flights to resume July 8
The Petroleum Products Pricing Monitoring Agency, PPPRA, Wednesday, raised Nigeria’s fuel price for July 2020, to between N140.80 – N143.80 per litre.
In a letter to the marketers, obtained by Vanguard, PPPRA stated: “Please recall the provision for the establishment of a monthly price band within which petroleum marketers are expected to sell PMS at the retail stations, based on the existing price regime.
“After a review of the prevailing market fundamentals in the month of June and considering marketers’ realistic operating costs, as much as practicable, we wish to advise a new PMS pump price band of N140.80 – N143.80/litre for the month of July 2020.”
It added: “Kindly note that the Ex-depot for collection includes the statutory charges of Bridging Fund, Marine transport Average, National Transport Allowance and the Administrative charge. All marketers are advised to operate within the indicative prices as advised by PPPRA.”
While Federal government yesterday night(Tuesday) finally announced the resumption of domestic flights which have been suspended in the country since March 2020. The government said flights will resume on the 8th of July, 2020 as passenger are told to follow protection protocol.
Minister of Aviation, Senator Hadi Sirika who made the disclosure also revealed that the flights will commence with the Nnamdi Azikiwe International Airport Abuja and the Murtala Muhammed Airport in Lagos.
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