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Updated: Why PPPRA lacks constitutional power to determine fuel price in Nigeria — Falana

By Arogbonlo Israel Human rights activist, Femi Falana (SAN), has revealed why the Petroleum Products Pricing Regulatory Agency (PPPRA) lacks the ‘constructional power’ to determine the prices of petroleum products in Nigeria. The celebral lawyer during an interview with Vanguard on Monday, faulted the attempted announcement of petrol price by PPPRA claiming the decision was
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BREAKING: PPPRA lacks constitutional power to determine fuel price, Falana claims

By Arogbonlo Israel Human rights activist, Femi Falana (SAN), said on Monday the Petroleum Products Pricing Regulatory Agency (PPPRA) lacks the ‘constructional power’ to determine the prices of petroleum products in Nigeria. READ ALSO: ‘The theatre of the absurd’, FG slams Asari Dokubo over defacto Biafra govt He made this disclosure during an exclusive interview with
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BREAKING: PPPRA lacks constitutional power to determine fuel price, Falana claims

By Arogbonlo Israel Human rights activist, Femi Falana (SAN), said on Monday the Petroleum Products Pricing Regulatory Agency (PPPRA) lacks the ‘constructional power’ to determine the prices of petroleum products in Nigeria. READ ALSO: ‘The theatre of the absurd’, FG slams Asari Dokubo over defacto Biafra govt He made this disclosure during an exclusive interview with
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Nigeria

Nigeria: Petrol Price Climbs N212 Per Liter, Nigerians react

Nigeria: Petrol Price Climbs N212 Per Liter, Nigerians reactThe Price of Premium Motor Spirit (PMS) also known as petrol has hit N212.6 per liter, according to the latest monthly template released by the Petroleum Products Pricing Regulatory Agency (PPPRA). This comes days after the Nigerian National Petroleum Corporation (NNPC) denied planned hike in the price of the commodity. The announcement has triggered fresh concerns among Nigerians. The template which was published on the official website of PPPRA, on Thursday night, revealed that the retail price of petrol would now be between lower band of N209.61 per liter and upper band of N212.61 per liter. However, marketers usually sell at the upper band. With ex-depot price standing at N206.42 per liter, the March template showed that the landing cost of petrol per liter is N189.61. The template also disclosed that the increment was due to the market determinants and importation costs. According to the templates, the average price per […]

Nigeria: Petrol Price Climbs N212 Per Liter, Nigerians react - NNN.

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Fuel price: Template does not amount to increasing price  ― PPPRA

By Udeme Akpan THE Petroleum Products Pricing Regulatory Agency, PPPRA, has declared that its publication of monthly template, does not amount to increasing the price of petroleum products, as such increase is supposed to be determined by market forces, under the current deregulation. In a statement obtained by Vanguard, Friday, Executive Secretary, PPPRA, Abdulkadir Saidu,
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Breaking: PPPRA clears air, says template does not amount to increasing petrol price

By Udeme Akpan THE Petroleum Products Pricing Regulatory Agency, PPPRA, has declared that its publication of monthly template, does not amount to increasing the price of petroleum products, as such increase is supposed to be determined by market forces, under the current deregulation. In a statement obtained by Vanguard, Friday, Executive Secretary, PPPRA, Abdulkadir Saidu,
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Breaking: PPPRA bows, deletes template announcing N212.61 petrol price increase

By Nwafor Sunday Following the negative reactions that greeted its earlier announcement, the Petroleum Products Pricing Regulatory Agency, PPPRA, Friday made a U-turn and deleted the announcement it made on its website announcing N212.61 petrol price increase for the month of March. When Vanguard visited the website http://pppra.gov.ng/pms-guiding-price-for-march-2021/, we discovered that PPPRA has deleted the
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No increase in fuel price —PPPRA

The Petroleum Products Pricing Regulatory Agency has said it does not fix the price of Premium Motor Spirit, otherwise known as petrol. It said this in a statement issued on Friday to clarify a misunderstanding that followed a template it issued on its website. The template was taken to mean that, as from March, petrol […] Read Full Story

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Business

Breaking: Petrol to sell for N212.61 per litre in March, says PPPRA

By Michael Eboh The Federal Government has officially confirmed the return of fuel subsidy, as the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, fixed the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March. The new price, according to the PPPRA’s PMS guiding price,
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