Vanguard News NNPC insists petrol depot price will not increase in March On The Nigerian National Petroleum Corporation has insisted that petrol depot price will remain unchanged in March. This is coming as a reaction to the Petroleum Products Pricing Regulatory Agency, PPPRA fixing the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March on Thursday. JUST IN:#NNPC Insists No Increase in Ex-Depot Price of PMS in March pic.twitter.com/IQ3S3EWVlM Vanguard earlier reported that the PPPRA confirmed that fuel subsidy actually officially returned in February 2021, as according to the downstream oil sector regulator, the actual pump price of PMS for February was between N183.74 and N186.74 per litre, meaning that the Federal Government paid an average of N16 per litre for PMS in the month.