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Govt Double-Speaks: NNPC Contradicts PPPRA On Higher Petrol Price


BEVERLY HILLS, March 12, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) has insisted that there would be no increase in the price of Premium Motor Spirit (PMS), despite the official pricing agency releasing a new template at midnight indicating a rise.

READ ALSO: Petrol Now N212 Per Litre, As Govt Breaks Promise

NNPC in a tweet on Friday said there would be no increase in the price of petrol across the country for the month of March.

However, the Petroleum Products Pricing Regulatory Agency, PPPRA’s guiding price released to stakeholders showed that the price of PMS has reached a new all-time high of N212.6 per litre.

It indicated that petrol was billed to sell at a belt of between N209.61 and N212.61, according to the new template published by the PPPRA at midnight.