Breaking: Despite NNPC assurances, PPPRA ‘announces new high fuel price projection’

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Despite assurances from the Nigerian National Petroleum Corporation (NNPC) that fuel price will not be increased, the Petroleum Products Pricing Regulatory Agency (PPPRA) announced a projected price of N212.11 per litre for Premium Motor Spirit (PMS).

While announcing the pricing template for the month of March, PPPRA said the price is based on the average costs of imported petroleum products.

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