NNPC insists no hike in price of petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) has deleted a template announcing the new price of petrol stands 212.6 naira per litre from its website.

The agency had earlier published the template that guides the price for the month of March on its website

The publication was greeted with outrage across the nation with fuel queue observed in several filing stations in Abuja and Lagos.

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.

The expected ex-depot price is N206.42, while the landing cost is N189.61.