BY DAYO ADESULU
Authorities of the Nigerian National Petroleum Corporation, NNPC have again denied the sudden increment of pump price from N162 to N212.6 as published on Petroleum Products Pricing Regulatory Agency website.
Reacting through the NNPC Twitter handle, @NNPCgroup said: “#NNPC Insists No Increase in Ex-Depot Price of PMS in March.”
The ex-depot price is the price at which the product is sold by the NNPC to marketers at the depots.
PPPRA had on Thursday midnight published that petrol is expected to sell at a lower retail price of N209.61 and at an upper retail price of N212.61.