PPPRA makes U-turn, deletes template announcing increase in petrol price

Petroleum Products Pricing Regulatory, PPRA, has made a U-turn and deleted the earlier templated released by the body declaring that the new price of petrol is N212.16 per liter.

PPPRA deleted the published template following the National Petroleum Corporation, NNPC inssit that there won’t be an increase in the petroleum product’s ex-depot price.

The now-deleted template state that the petrol pump price would now be sold at N2019.61 at a lower retail price and N212,61 at an upper band per liter which most Nigeria uses.

The expected ex-depot price, as seen in the template, is N206.42, while the landing cost is N189.61. The ex-depot price is the price at which the product is sold by the NNPC to marketers at the depots.

According to the template, the ex-depot price would be N206.42, while the landing cost would be N189.61.

The March template shows that the landing cost of petrol per liter is N189.61, while the ex-depot price stands at N206.42 per liter.

But the Petroleum Pricing Regulatory Agency made a U-turn and deleted the template as of 10:30 a.m; on Friday on their website, with the page showing ”Page not found 404′, when newsmen searched for the page on their website.

See screenshot below;

Leave a Comment