Breaking News
Just in: NNPC increases petrol depot price to N151.56/litre
Editor
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N151.56 per litre from N138.62 per litre.
This was disclosed in an internal memo from Ibadan depot to all stakeholders with reference number PPMC/IB/LS/020 dated September 2, 2020 and signed by D.O Abalaka.
The ex-depot price is the price at which the product is sold to marketers at the depots.
The memo, a copy of which was seen by our correspondent, said, “Please be informed that a new product price adjustment has been effected on our payment platform.
”To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre. This is effective from September 2, 2020.”
THE PUNCH
Breaking News
BREAKING NEWS: President of the Badminton Federation of Nigeria, Orbih, Elected into the Badminton World Federation Council
Joel Ajayi
In a significant development for Nigerian badminton, the President of the Badminton Federation of Nigeria (BFN), Mr. Francis Orbih, has been successfully elected as a member of the prestigious Badminton World Federation (BWF) Council.
This remarkable achievement not only highlights Orbih’s dedication and contributions to the growth of badminton in Nigeria and Africa, but also marks a proud moment for the entire Nigerian sporting community.
His election into the BWF Council places Nigeria firmly on the global badminton map and is expected to open new doors for the development of the sport across the continent.
Francis Orbih’s leadership at the BFN has been characterized by innovation, growth, and renewed international engagement, qualities that no doubt contributed to his recognition on the world stage. His new role at the BWF will enable him to influence key decisions affecting the future of badminton globally.
Congratulations to Mr. Francis Orbih on this historic Achievement.
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