PPPRA denies plans to increase petrol price by N5

The Petroleum Products Pricing Regulatory Agency (PPPRA), has said that there are no plans to increase the pump price of petrol from the current N145 per litre PPPRA is the agency responsible for regulating petroleum products pricing, supply and distribution, across the country. A statement signed by PPPRA’s Executive Secretary, Mr. Abdukadir Saidu, assured that […]

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PPPRA: No plan to increase Petrol Price

The Petroleum Products Pricing Regulatory Agency (PPPRA) has reaffirmed that the Federal Government has no plan to increase the price of Premium Motor Spirit (PMS), also known as petrol. The General Manager Operations of PPPRA, Mr Olasupo Agbaje, made the declaration on Monday while addressing reporters in Abuja, Nigeria’s capital. Mr Agbaje said the agency […]

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Petrol price template unaffected by bridging cost – PPPRA

Agency that regulate the petroleum product pricing has said that the additional N1 per litre transporters’ bridging fee for Premium Motor Spirit, popularly known as petrol, will not in any way affect the pricing template for the commodity. The PPPRA is the agency of the Federal Government responsible for the fixing and regulation of petroleum […]

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Petrol price took major leap; hit N145 per litre

Fuel price yesterday took a major leap, rising from N86 per litre to N145 per litre. With the new price, advocates of deregulation – the government’s antidote to perennial scarcity of petrol – have carried the day, even as they are pushing for “full deregulation”. According to The Nation, Marketers are free to import products and […]

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Why 78% of petrol import is allocated to NNPC – PPPRA

The Executive Secretary, Petroleum Products Pricing Regulatory Agency, Mr. Farouk Ahmed, has explained why the agency allocated 78 per cent of the total volume of 3.1 million metric tonnes of petrol import allocation for the first quarter to the Nigerian National Petroleum Corporation. He said the decision was due to the inability of some oil […]

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