Nigerians might have to pay
more for petrol in the days ahead, as the Federal Government, yesterday,
disclosed that it would review the price of Premium Motor Spirit, PMS, also
known as petrol, next month.
This came as the Acting Executive Secretary of
the Petroleum Products Pricing Regulatory Agency, PPPRA, Mrs. Sotonye Iyoyo,
called on the Federal Government to undertake the automation of PPPRA
operations for improved efficiency and transparency and also develop a pricing
framework to encourage local refining and discourage importation of petroleum
products in the long term.