The Petroleum Products Pricing Regulatory Agency (PPPRA) has
deleted a petrol pricing template announcing 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
Moments after the increase was announced, the Nigerian
National Petroleum Corporation (NNPC) insisted there will be no increase in the
ex-depot price of petrol in March.
When NigerianEye visited the link to the NNPRA template, it
returned an error message: “Page not found (404). It seems we can’t find what
you’re looking for. Perhaps searching can help.”
More to follow…
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