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BREAKING: PPPRA confused over fuel hike, deletes price increase statement

By Damilola Adeyemo

ABUJA – The Petroleum Products Pricing Regulatory Agency (PPPRA), has deleted the tweet announcing the petrol pricing template in an increase in the retail price of petrol.

The template, published on its website on Thursday night, was deleted on Friday morning amid the outrage over the price increase.

The template had said the recommended retail price is between N209.61 and N212.61 per litre. The landing cost of petrol was put at N189.61.

The ex-depot price, which is the rate marketers get the product, was fixed at N206.42.

The Nigerian National Petroleum Corporation (NNPC) insisted there will be no increase in the ex-depot price of petrol in March after the increment was announced.

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