By The Nigerian National Petroleum Corporation (NNPC) on Friday insisted that there is no increment in the ex-depot price of Premium Motor Spirit (PMS) also known as petrol this month.
NNPC announced this via a post on their official Twitter handle @NNPCgroup.
JUST IN:#NNPC Insists No Increase in Ex-Depot Price of PMS in March pic.twitter.com/IQ3S3EWVlM
— NNPC Limited (@nnpclimited) March 12, 2021
This was in reaction to the trend on social media with the hashtag #FuelPriceHike with users reacting to a template released by the Petroleum Products Pricing Regulatory Agency (PPRA) which shows that the new price of petrol has reached N212.6 per litre.
The ex-depot price is the price at which the product is sold by the NNPC to marketers at the depots.
NNPC in the tweet ruled out any increment in the ex-depot price.
“#NNPC Insists No Increase in Ex-Depot Price of PMS in March,” it tweeted.
