After backlash, PPPRA deletes template announcing petrol price increase

PPPRA had early on Friday morning posted its new template that showed an increase in the pump price of petrol

After widespread criticism, Nigeria’s Petroleum Products Pricing Regulatory Agency (PPPRA) has deleted a petrol pricing template announcing an increase in the retail price of petrol.

The PPPRA had early on Friday morning posted its new template that showed an increase in the pump price of petrol from N186 to N212 per litre.

It was unclear why the link was deleted, but it came amidst nationwide uproar over the decision.

State-owned oil firm Nigerian National Petroleum Corporation (NNPC) had also raced to Twitter to insist that fuel price would not be going up immediately, a claim that drew widespread mockery as Nigerians said they remember the government making similar false statements in the past.

Oladehinde Oladipo

Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy. He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp