The Nigerian National Petroleum Corporation (NNPC) has insisted that there will be no increase in the ex-depot price of the Petroleum Motor Spirit (PMS) otherwise known as petrol, in March 2021.
This is coming on the heels of the new price guideline of petrol published by the Petroleum Products Pricing Regulatory Agency (PPPRA) which puts the new pricing regime at N212.61.
The NNPC made this known today in a terse tweet on it’s official Twitter handle, @NNPCgroup saying: “JUST IN: NNPC Insists No Increase in Ex-Depot Price of PMS in March”.
The Nigerian National Petroleum Corporation (NNPC) has insisted that there will be no increase in the ex-depot price of the Petroleum Motor Spirit (PMS) otherwise known as petrol, in March 2021.
JUST IN:#NNPC Insists No Increase in Ex-Depot Price of PMS in March pic.twitter.com/IQ3S3EWVlM
— NNPC Group (@NNPCgroup) March 12, 2021
Meanwhile, the Petroleum Products Pricing Regulatory Agency (PPPRA), has pulled down from its website the template announcing the increase. A check of the Agency’s website by News Medal indicates that the template which was posted midnight has since been pulled down.
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