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Maroc Maroc - WORLDSTAGENEWS.COM - A La Une - 05/Sep 18:57

NNPC Ltd says fuel scarcity should ease in the next few days, PMS prices are determined by free market forces

The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA). Speaking on TVC News’ “Journalists’ Hangout” show on …

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