A statement Wednesday evening said the new price takes effect on February 27.
The statement said the strategic price adjustment was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.
This is the second price reduction of the price of PMS in February 2025, following a previous decrease of N60.00 earlier in the month.