BREAKING: Turning point as PPPRA deletes petrol increase template | READ DETAILS
chuks oti
Mar 12, 2021
The Petroleum Products Pricing Regulatory Agency (PPPRA) has deleted a template announcing the new price of petrol stands N212.6 per litre from its website.
READ ALSO: How a Catholic Priest Slumped and Died While Delivering Homily in Delta Church
The agency had published the template on its website, http://pppra.gov.ng/pms-guiding-price-for-march-2021/.
READ ALSO: 2023: Candidates Of Other Parties Were Shopped From The PDP Dustbin - Ikpeazu | WATCH VIDEO
The publication was greeted with outrage across the nation with fuel queue observed in several filing stations in Abuja and Lagos.
READ ALSO: OYO APC: Delegates Decided Adelabu's Fate - Barr Morka
The template released midnight indicated petrol is to sell at a lower retail price of N209.61 and at an upper retail price of N212.61.
READ ALSO: Policewoman Cries For Help As Driver Zooms Off With Her In His Car|VIDEO
The expected ex-depot price is N206.42, while the landing cost is N189.61.
READ ALSO: Ofuji Ndị Igbo Sets 2026 Agenda, Promises Greater Community Engagement
The ex-depot price is the price at which the product is sold by the NNPC to marketers at the depots.
READ ALSO: CLASH OF THE BILLIONAIRES: Otedola Reveals How Elumelu Betrayed Him | READ FULL DETAILS
With ex-depot price standing at N206.42 per litre, the March template shows that the landing cost for petrol per litre is N189.61.
READ ALSO: UNBELlEVABLE! Twitter Goes Wild as Charley Boy Adorns Himself in Gele, Blouse and Wrapper (Photos)
But the PPPRA, without any explanation in a way seen by many as a U-turn, deleted the template hours later.
READ ALSO: #EndSARS, SWAT: Nnamdi Kanu mocks Nigerian Army for threatening protesters
When The Nation checked around 10:58am, the website page indicated 'Page not found 404'.
Related Stories
Bloodbath At Wedding: Bandits Kill 13, Abduct Many In Midnight Attack In Kaduna Community
"Ikwuano Locked Down For Alex OttiÔÇØ - Monday Ubani SAN Sends Strong Message To Opposition
Mother's Day: Abia Government Liaison Officer Honours Women, Says Mothers Shape Future Leaders
Why ICPC Is Prosecuting Mike Ozekhome Over a London Property Deal That Has Shaken Nigeria's Legal Circle | READ DETAILS
Ofuji Ndị Igbo Sets 2026 Agenda, Promises Greater Community Engagement
How a Catholic Priest Slumped and Died While Delivering Homily in Delta Church
""
— chuks oti