The Petroleum Products Pricing Regulatory Agency says Nigerians should be ready to pay high or low prices for petrol following the price liberalization scheme currently in place.

The agency’s Executive Secretary, ABDULKADIR SAIDU, said these while answering questions on the new PMS Price regime in Nigeria.

He, however, noted that efforts are being made to develop alternative fuels to the PMS by deepening the utilization of Liquefied Petroleum Gas/Compressed Natural Gas as auto gas in Nigeria.

The PPPRA boss says the price will guide the sale of the PMS in Nigeria, adding that the agency planned to extend the same pricing mechanism to kerosene, diesel and others.