NNPC insists no increase in petrol price in March

The Nigerian National Petroleum Corporation (NNPC) has insisted that there will be no increase in the price of petrol in the country in March.

In a short message via its verified Twitter handle , in response to the newly released price template by Petroleum Products Pricing Regulatory Agency and reports of the new pump price at N212.61, NNPC said: “Just in No Increase in Ex-Depot Price of PMS in March.”

Read also: No plans to increase petrol price in March, NNPC assures Nigerians

Ripples Nigeria had earlier reported that PPPRA released midnight that petrol is expected to sell at a lower retail price of N209.61 and at an upper retail price of N212.61.

Nigerian marketers usually use the upper retail price for pump price.

By law, PPPRA is saddled with the responsibility to determine the prices of petroleum products in Nigeria.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now