Nigeria: Petrol subsidy drops to N1.7bn daily

03 August 2015, Abuja — The Petroleum Products Pricing Regulatory Agency, PPPRA, at weekend released a new template for Premium Motor Spirit (petrol) which puts its open market price at N131.57 per litre. With the new price government is paying N3.03/litre less than it did last month when the open market price was 134.60/litre. This […] More »