Categories: NewsNigeria News

#FuelPriceHike: No Increase In Depot Price Of Fuel In March, Insists NNPC

#FuelPriceHike: No Increase In Depot Price Of Fuel In March, Insists NNPC

 

 

 

The Nigerian National Petroleum Corporation (NNPC) on Friday insisted that there is no increment in the ex-depot price of Premium Motor Spirit (PMS) also known as petrol this month.

NNPC announced this via a post on their official Twitter handle @NNPCgroup.

“#NNPC Insists No Increase in Ex-Depot Price of PMS in March,” it simply tweeted.

This was in reaction to the trend on social media with the hashtag #FuelPriceHike with users reacting to a template released by the Petroleum Products Pricing Regulatory Agency (PPRA) showing that the new price of petrol has reached N212.6 per litre.

According to the template which the PPPRA released on Friday midnight and later deleted, petrol is expected to sell at a lower retail price of N209.61 and at an upper retail price of N212.61.

NNPC in the tweet, on Friday, ruled out any increment in the ex-depot price simply tweeting that, “#NNPC Insists No Increase in Ex-Depot Price of PMS in March.”

The NNPC had earlier promised that the petrol price would remain static in March to allow smooth negotiations between the government and labour unions.

Angela Davies

Recent Posts

EFCC Reacts To Viral List Of Ex-Govs Under Investigation Over Alleged Corruption

  EFCC has reacted to the viral list of ex-govs under investigation over alleged corruption.…

7 hours ago

Russia Places President Of Ukraine, Zelenskyy On Wanted List

Russia has placed the President of Ukraine, Zelenskyy on its wanted list.   Glamtush reports that…

7 hours ago

NDLEA Arrests Five Members Of International Drug Syndicate

NDLEA has arrested five members of an international drug syndicate.   Glamtush reports that an international…

8 hours ago

Wofai Fada’s Sister-In-Law Welcomes Her Into Family Despite Father’s Public Disclaimer

Wofai Fada’s sister-in-law has welcomed her into their family despite their father’s public disclaimer.   Glamtush…

8 hours ago

Wofai Fada Father-In-Law Gives Reasons For Rejecting Son’s Wedding

Wofai Fada father-in-law has given reasons for rejecting son’s wedding   Engineer Kunle Cole, the father-in-law of Wofai…

9 hours ago

Wofai Fada In-Laws Release Statement Distancing Themselves From Their Union

In a shocking development, the purported in-laws of famous actress and comedienne, Wofai Fada have refuted…

9 hours ago