By our Reporter
In what appears to be a drama, the Petroleum Product s Pricing Regulatory agency, (PPPRA) has updated its website, deleting earlier post announcing huge increment as NNPC repeated its earlier claim there would be no increase in March.
The decision came after Nigerians furiously reacted to the new rates that put the pump price of petrol at between N209 and 212 a litre, a significant jump from about N162.
The sudden increase put the lie to the Nigerian National Petroleum Corporation’s earlier confirmation that the government would not change prices despite a global crude oil price rebound.
As Nigerians woke Friday to the news, harshly criticizing the government, the NNPC in its tweet said its position remained a clear contradiction to the Petroleum Products Pricing Regulatory Agency’s announcement.
It was however discovered that the PPPRA’s “guiding price” online post had been removed. The agency updated its website instead with details of the availability of fuel stock in the country as of Friday.
However, the decision to delete the post has yet to clear the air whether there had been a reversal of the price hike by the government.
