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FG cuts petrol price to N121.50 but could raise risk for marketers

The Petroleum Products Pricing Regulatory Agency (PPPRA) has cut pump price of Premium Motor Spirit (petrol) from N123 to N121.50 per litre for the month of June, but some marketers say frequent movement of prices may impair their ability to hold stock. The PPPRA also announced ex-depot price at N102.13-N104.13 per litre, while it put…

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