• About
  • Privacy Policy
  • Contact
Tuesday, March 28, 2023
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home Business

JUST IN: Stations in Lagos, Abuja ignore NNPC, begin pumping fuel at N212 per litre

by Diplomatic Info
March 12, 2021
in Business, Nigeria, Politics
0
JUST IN: Stations in Lagos, Abuja ignore NNPC, begin pumping fuel at N212 per litre
0
SHARES
41
VIEWS
Facebook ShareShare on WhatsAppTweet it!

Some filling stations have been pumping at between N162 to N220 per litre; while others have shut down to hoard available products until they have a clearer view of the policy.

Some service stations in Lagos and Abuja have already implemented the new pump price of petrol as announced by the Nigerian government on Thursday night.

The stations on Friday adjusted their metering system to reflect N212 per litre, Peoples Gazette observed. The stations include Dan Oil in Lugbe, Abuja, and Oando opposite County Hospital in Ogba, Lagos.

Dan Oil, Lugbe

The development contradicted NNPC’s claim that fuel prices have not been hiked across the country, following nationwide uproar that N212 petrol would worsen the conditions of Nigerians, most of whom are already groaning under prolonged harsh economic conditions. Nigeria has been categorised as the country with the highest number of poor people in the world, indicating that citizens are worse off under President Muhammadu Buhari.

Energy pricing regulator PPPRA had on Thursday night announced an increase of a litre of essential PMS from N186 to N212 effective this month. Following outrage, the agency summarily deleted the announcement from its website without explanation. The decision had been taken by some section of the public to mean that the PPPRA was backing down from the hikes, although no official position has been communicated to citizens.

When asked why the prices were changed from N186 to N212 per litre even though the government appeared to insist there should be no hikes, an official at Dan Oil said the reality was already communicated by the government.

“The government has communicated the reality on the ground which is that fuel will be sold at N212 because we have to pay all the associated costs and make some profit also,” said the oil retailer who did not immediately identify himself to the Gazette. “Nigerians should either accept the reality of continue with their protest against the government.”

In other parts of the country, the Gazette observed that some filling stations have been selling at between N162 to N220 per litre. In Ijebu Ode, Ogun, many stations have also shut down operation to hoard available products until they have a clearer view of the policy, the Gazette observed.

A spokesman for the NNPC did not immediately return requests seeking comments about the decision of gas stations to start implementing price increases.

SOURCE: PEOPLES GAZETTE

Diplomatic Info

Diplomatic Info

Next Post
I will frustrate you, Wike threatens Akpabio

I will frustrate you, Wike threatens Akpabio

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigerians will know when we’re ready to recruit: NNPC

Nigerians will know when we’re ready to recruit: NNPC

1 year ago
China accuses US of white supremacy ethos

China accuses US of white supremacy ethos

12 months ago

Popular News

    Connect with us on Facebook

    Subscribe to Our Newsletter

    Enter your email now to join our community of readers, and get new contents straight to your inbox

    We promise to not spam you

    Thanks for joining in.

    Category

    • Africa
    • Benin
    • Burkina Faso
    • Business
    • Cote D'Ivoire
    • Cover Story
    • Diplomacy
    • ECOWAS
    • Education
    • Embassy News and Info
    • Events
    • Ghana
    • Guinea
    • Guinea Bissau
    • International
    • Liberia
    • Mali
    • News
    • Niger
    • Nigeria
    • Politics
    • Programs
    • Security
    • Senegal
    • Sierra Leone
    • The Gambia
    • Togo
    • Uncategorized

    Quick Links

    • About
    • Contact
    • Privacy Policy
    • Advertise

    About Us

    Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

    © 2021 Diplomatic Info - Built by O.V.

    No Result
    View All Result
    • Home
    • Diplomacy
    • Embassy News and Info
    • Events
    • Business
    • Politics
    • Security
    • News
    • Cover Story
    • Africa
    • ECOWAS
      • Togo
      • Sierra Leone
      • Senegal
      • Nigeria
      • Niger
      • Mali
      • Liberia
      • Guinea Bissau
      • Guinea
      • The Gambia
      • Cote D’Ivoire
      • Ghana
      • Cabo Verde
      • Benin
      • Burkina Faso
    • International
    • Contact

    © 2021 Diplomatic Info - Built by O.V.