The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, fixed the fuel pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March.
But as at this Friday morning the PPPRA has pulled down the template for the new price.
The new price which was released and pulled down is expected to be for from March 2021.
The PPPRA on it’s website said “PLEASE BE INFORMED THAT PUBLISHED PRICES ARE ONLY INDICATIVE OF CURRENT MARKET TRENDS,”
But the template PPPRA published on Thursday night, indicated that PMS should be sold between the price of N209.61 and N212.61.
Nigerians groan as fuel price increase to N212.61/L
With ex-depot price standing at N206.42 per litre, the March template showed that the landing cost for petrol per litre is N189.61.
Nigerians have taken to social media showing their displeasure on the PMS price
