FEATURED
BREAKING: Confusion, As NNPC Insists No Increase In ex-Depot Price Of PMS In March
The Nigerian National Petroleum Corporation (NNPC) has insisted that there is currently no increment in the ex-depot price of the Premium Motor Spirit released in the month of March.
BIGPENGR understands the insistence is coming against the backdrop of reports that the Petroleum Products Pricing Regulatory Agency (PPPRA), a subsidiary of NNPC had increased the pump price of petrol to N212.16 per litre.
NNPC announced its position on Friday morning via its Twitter handle.
JUST IN:#NNPC Insists No Increase in Ex-Depot Price of PMS in March pic.twitter.com/IQ3S3EWVlM
— NNPC Group (@NNPCgroup) March 12, 2021
Multiple reports in the media suggest that NNPC had consistently debunked plans to increase price of fuel anytime soon in the country.
But a document released by PPPRA and seen by BIGPENNGR Friday morning indicates that there is a new pump price of the product.
ALSO READ: Confusion As FG Jacks Up ex-Depot Price Of Petrol
PPPRA said the product will now sell between N209.61 and N212.61 for the month of March.
The document revealed that the product will be sold for N206.42 as ex-depot price (the amount it will be sold by depot owners to marketers).
It further revealed that the landing cost stands at N189.61 per litre.
S’Court Dismisses FBN’s Case, Orders Immediate Transfer of Crude Oil from FPSO Tamara Tokoni to GHL
THE QUIET THIEF: TIME
Why Court Rejected El-Rufai’s Medical Bail Request
UPDATED: Boy Who Went Missing at Age 14 Returns After Four Years as a Prison Inmate in Port Harcourt
TERRORISM IN NIGERIA: THE ESCALATION OF BANDITRY
Egbetamah’s Removal: Anaughe Affirms Omo-Agege’s Condemnation, Accuses Delta Assembly of ‘Coup’ Against Udu People
Customs Rakes in ₦3.35tn, Busts ₦24.3bn Drug Haul in 5 Months
Atiku Slams FG Over Alleged ₦1.3bn Budget Allocation to ‘Non-Existent’ Presidential Council
Ghanaian Boateng Pleads Guilty in Elderly Romance, Inheritance Scheme in the US After FBI, INTERPOL Extradition
Security Agents Repel Gun Attack in Kuru, Kill One as Gunmen Invade NIPSS Again
Revised NASS Primaries List Could Return APC to Its Troubled Past – Obun
Obi, Atiku Lack Footing for 2027 Poll – Gagdi, APC Rep
How ‘Con Artist Adeyemi’ Created a Fake Presidential Advisory Council, Allegedly Scammed Using Gbajabiamila’s Name
How I Lost N28m to Couple, Accomplice – Victim of Alleged N740m Investment Scam
