Fuel sells for N250 in Zamfara, N200 in Ogun

ARBITRARY fuel prices by marketers continued yesterday in several parts of the country with a litre of the product selling for N250 in Zamfara State.The Petroleum Products Pricing Regulatory Authority (PPPRA) on Sunday formally deregulated the downstream sector. A statement by the Executive Secretary of the agency, Reginald Stanley, said: 'Service providers in the sector are now to procure products and sell same in accordance with the indicative benchmark price to be published forthnightly and posted on the PPPRA website. Petroleum products marketers are to note that no one will be paid subsidy on PMS discharges after 1st January, 2012'.
Click here to read full news..