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Updated: FG apologises to Nigerians over N212.61 per litre new petrol price
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By Udeme Akpan
The Federal Government, Friday, apologized to Nigerians over the latest N212.61 petrol price confusion in the country.
Speaking at the groundbreaking for the Rungas composite cylinder manufacturing plant in Alaro City Free Zone, Epe, the Minister of State for Petroleum Resources, Mr Timipreye Sylva, urged Nigerians to disregard the increase, explaining that it was a mix-up.
Meanwhile, 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 increases are supposed to be determined by market forces, under the current deregulation of the sector.