The Nigerian National Petroleum Corporation (NNPC) has insisted that there is no increment in the ex-depot price of Premium Motor Spirit also known as petrol in this month, March.

This was followed after a template released by the Petroleum Products Pricing Regulatory Agency (PPPRA) that the new price of petrol has hit N212.6 per litre.

The NNPC in its official twitter handle wrote that “#NNPC Insists No Increase in Ex-Depot Price of PMS in March.”

The ex-depot price is the price at which the product is sold by the NNPC to marketers at the depots.