PPPRA releases petrol pricing template.

See how Petroleum Products Pricing Regulatory Agency, PPPRA arrived at the new price band for petrol.

PPPRA PRODUCT PRICING TEMPLATE (PMS)
Based on 30 Days Moving Average Platts Posted Price for:
10th April – 10th May, 2016

PMS
Naira/Litre
A
Cost Elements:
1
C+F
109.01
2
Lightering Expenses
4.56
3
NPA
0.84
4
NIMASA Charge
0.22
5
Financing
2.51
6
Jetty Thru’ Put Charge
0.60
7
Storage Charge
2.00
8
Landing Cost
119.74
B
Distribution Margins:
1
Retailers
6.00
2
Transporters Allowance (NTA)
3.36
3
Dealers
2.36
4
Bridging Fund
6.20
5
Marine Transport Average (MTA)
0.15
6
Admin Charge
0.30
7
Total Margins
18.37
C
Total Cost
138.11
D
Retail Price Band
135 – 145
Products Pricing Templates

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