Headline
FG Increases Petrol Price To Over #200 Per Litre

FG Has Increased Petrol Price To Over #200 Per Litre.
OnyxNews Nigeria reports that the Federal Government led by President Muhammadu Buhari on Thursday, March 11, 2021, initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.
This online news platform understands that the Petroleum Products Pricing Regulatory Agency (PPPRA), an agency of the government of Nigeria established in 2003 to, among other responsibilities, monitor and regulate the supply and distribution, and determine the prices of petroleum products in Nigeria, made this known in a statement on its official website on Thursday night.
The PPPRA said in its template released on Thursday night that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. This was against N186 the crucial commodity retailed for in February.
READ FG Finally Begins N-Power Batch C 2020 Selection Of Applicants
According to the statement released by the PPPRA, the regulators said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.

PPPRA template for March petrol price.
The PPPRA has been setting guidelines for petrol sales since the Buhari administration announced partial deregulation of the oil sector, but the government maintains control of policies that determine ultimate retail costs.
The new petrol price come barely a day after President Buhari vowed to return fuel price to below N100 for Nigerians.
READ FG Opens New COVID-19 Fund Portal, Apply Here
President Buhari met the petrol price at N87 per litre when he assumed office in 2015, and has increased it periodically ever since, despite appeals from Nigerians that the biting costs would worsen inflation and living conditions for a country already designated as the world’s poverty capital.
-
Headline1 week ago
Ogun State Shines as National Sports Festival Closes with Presidential Praise
-
Headline1 week ago
Niger State Flood Disaster: Over 100 Dead, Dozens Still Missing After Torrential Rainfall
-
Headline1 week ago
Ogun Athletes’ Protest Over Allowances at National Sports Festival Deemed ‘Impatient’ by State Government
-
Headline5 days ago
Eid-ul-Adha: FG Announces Public Holidays for Friday, June 6 and Monday, June 9, 2025
-
Headline1 week ago
Scare at Liberia’s Roberts International Airport as President Boakai’s Plane Suffers Tire Failure
-
Headline7 days ago
BREAKING: Gateway Games 2024 Marred by Fatal Road Accident – 20 Kano Athletes Dead
-
Headline5 days ago
FG Launches Nationwide Social Housing Project: 77,400 Units to Address Nigeria’s Housing Deficit
-
Headline7 days ago
UPDATED: S’Eagles Ahmed Musa Marries Fourth Wife, Moriki
-
Headline1 week ago
JUST IN: INEC Confirms Dates For Ekiti, Osun Governorship Polls
-
Headline7 days ago
Osun PDP Chair Insists Adeleke’s Re-election Is Secure Despite Member Defections