The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 per litre for Nigerians.

Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.

The fuel pricing regulator 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.

The PPPRA said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.

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 hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 for Nigerians.

Mr. Buhari met the 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.

More details to follow.....





Gazettengrdotcom

If it's true APC should forget 2023 Election

If it's true APC can forget 2023 election

The NLC should do the needful. They should shutdown the country with strike.

It is finished....

Somali truly will be better than Nigeria.

U called us #Biafra online country but the online country protect her citizens more than you #Nigeria the offline country,Am sure people in d North East most victims of #bokoharam and #bandits will be wishing to be online country like us and be protected like us.

This government hasn't got the plight of its citizens at heart. Its finished.

Hizzy:
If it's true APC can forget 2023

What will you do ? So if they they didn't increase it so you would have voted APC

Omihanifa:
The NLC should do the needful. They should shutdown the country with strike.

You people never learn...so you think NLC can help you ? They only help their pocket

akolat:
This government hasn't got the plight of its citizens at heart. Its finished.

It has been finished since Buhari was elected so I don't know which finish you are talking of

This should be under crime and not politics

why not #500? world worst government ever.W.W.G.E

Where are the pioneers of #OCCUPYNIGERIA.


Assuming Jonathan is still the president , they would have killed him with protest.

#Onenigeriaisascam

Buhari has caused Nigeria to be in intocielote by exuberance of verbosity betaprutal contraption pshychomentalism and malfunctionalistic in nature.


Since this is not my problem, my problem now is I wondered how those who owe Lazarus money felt when Jesus raised him from death.

Freelancerx:
The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 per litre for Nigerians.

Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.

The fuel pricing regulator 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.

The PPPRA said the landing cost of petrol in March would be N189.61 per litre as against N163.74 in February.

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 hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 for Nigerians.

Mr. Buhari met the 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.

More details to follow.....





Gazettengrdotcom

Northerners are the problem of Nigeria, we shouldn't have shared same country with them.
North has been ruling and killing my country for far too long...

As long as I can't find credible source to this, I will consider it a rumor

buhari is going to 500/ltr na everybody go fell am

No! No!! No!!! I can't believe this is true...

What else is new?

Shey i will not goan sell my car like this..how i go dey buy petrol for car at this high price and still be buying for generator for house too....Omo and 2023 still far ooo

Yeah well, I am not surprised. Same way i wont be surprised come 2023 when worst people are elected. A lot of the masses are poor and ignorant therefore will always be gullible, that's how this evil men always win!

We are all busy with our daily lifes why this dealers control us like remote control ....its so unfortunate hop its rumour sha

From 162 to 212. Those who desire pain and sadness for us will receive same in million folds to their fourth generations.

wait, where is NLC sef?

Fake news

kingk:
It is finished....

Somali truly will be better than Nigeria.

U called us #Biafra online country but the online country protect her citizens more than you #Nigeria the offline country,Am sure people in d North East most victims of #bokoharam and #bandits will be wishing to be online country like us and be protected like us.

Off point Oga Ade, go and protect yourself against fuel hike in Biafra land by importing fuel and sell to Igbos at #50,pls don't disturb this thread with useless ESN talk like illiterates which most of Igbos are, stop disgracing better industrialist Igbos.

Make hikes kill them there

Omihanifa:
The NLC should do the needful. They should shutdown the country with strike.

Nlc is too corrupt now, they can't do anything

This corntree nawa

There's no better time to occupy Nigeria than now

Sai Buhari ..I love this news.. I wish e go enter 1k ,let's see if these zombies will survive it

SarkinYarki:


What will you do ? So if they they didn't increase it so you would have voted APC

For as long as the viable options presented to us are APC and PDP, I will always vote for the progressives

Everything about this govt is scam. So not amazed at all..
.some days ago, the presidency said it will reduce the fuel price, and now this.

#200 is the target, so NLC will call strike, negotiated it to #200 from 220...that's the plan...

meditator:
For as long as the viable options presented to us are APC and PDP, I will always vote for the progressives

What's your IQ again ?