The Department of Petroleum Resources (DPR), on Tuesday, in Ilorin, sealed up five filling stations for various offences including over-pricing and under-dispensing. The development was the result of the monitoring exercise of over 35 filling stations across the metropolis. Speaking with journalists shortly after the exercise, the controller, Ilorin field office of the DPR, Engineer Sule Yusuf, said there was no fuel scarcity or plan to increase fuel price in the country. “We observed that...

The Petroleum Products Pricing Regulatory Agency (PPPRA) has deleted the template announcing the new price of petrol stands at N212.6 per litre from its website. The agency published the template on its website http://pppra.gov.ng/pms-guiding-price-for-march-2021/. The publication was welcomed with outrage across the country with fuel queues observed in several filling stations in Abuja and Lagos. The template which was released in the early hour of Friday, indicated petrol price to be sold at a lower...

The Nigerian National Petroleum Corporation (NNPC) has debunked the report of any price increment in the Premium Motor Spirit (Petrol) in the country in March 2021. The NNPC said this in a statement signed by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru on Sunday. Obateru added that the Corporation was not planning any raise in the price of the commodity in March in order not to jeopardize the ongoing engagement with...