{"id":38115,"date":"2021-03-01T17:37:51","date_gmt":"2021-03-01T17:37:51","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=38115"},"modified":"2021-03-01T16:56:02","modified_gmt":"2021-03-01T16:56:02","slug":"nnpc-rules-out-petrol-price-hike-cautions-nigerians","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians","title":{"rendered":"NNPC rules out petrol price hike, cautions Nigerians"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit (PMS), also known as petrol, saying it has no plan to increase the ex-depot price in March.<\/p>\n

NNPC made this known in a statement by its spokesman, Dr Kennie Obateru, in Abuja on Sunday.<\/p>\n

Ex-depot price is the price at which depot owners sell products to marketers.<\/p>\n

The price determines how much marketers will sell to motorists at their various fuel stations.<\/p>\n

Obateru said, \u201cContrary to speculations of an imminent increase in the price of PMS in the country, the NNPC has ruled out any increment in the ex-depot price of petrol in March.<\/p>\n

\u201cThe corporation was not contemplating any rise in the price of petrol in March in order not to jeopardize ongoing engagements with organized labour and other stakeholders on an acceptable framework that will not expose the ordinary Nigerian to any hardship.\u201d<\/p>\n

He also cautioned petroleum products\u2019 marketers not to engage in an arbitrary price increase or hoarding of petrol in order not to create artificial scarcity and unnecessary hardship for Nigerians.<\/p>\n

He added that the corporation had enough stock of petrol to keep the nation well supplied for over 40 days and urged motorists to avoid panic buying.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit (PMS), also known as petrol, saying it has no plan to increase the ex-depot price in March. NNPC made this known in a statement by its spokesman, Dr Kennie Obateru, in Abuja on Sunday. Ex-depot […]<\/p>\n","protected":false},"author":84,"featured_media":38114,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,254,1670,434],"class_list":["post-38115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-nigerians","tag-nnpc"],"yoast_head":"\nNNPC rules out petrol price hike, cautions Nigerians - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC rules out petrol price hike, cautions Nigerians\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-01T17:37:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NNPC rules out petrol price hike, cautions Nigerians\",\"datePublished\":\"2021-03-01T17:37:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\"},\"wordCount\":219,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"nigerians\",\"NNPC\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\",\"name\":\"NNPC rules out petrol price hike, cautions Nigerians - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg\",\"datePublished\":\"2021-03-01T17:37:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg\",\"width\":1280,\"height\":720,\"caption\":\"NNPC rules out petrol price hike, cautions Nigerians\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NNPC rules out petrol price hike, cautions Nigerians\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NNPC rules out petrol price hike, cautions Nigerians - Nigeria","description":"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians","og_locale":"en_US","og_type":"article","og_title":"NNPC rules out petrol price hike, cautions Nigerians","og_description":"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians","og_site_name":"Nigeria","article_published_time":"2021-03-01T17:37:51+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"NNPC rules out petrol price hike, cautions Nigerians","datePublished":"2021-03-01T17:37:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians"},"wordCount":219,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg","keywords":["Africa Press","Africa Press-Nigeria","Nigeria","nigerians","NNPC"],"articleSection":["all news","Economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians","name":"NNPC rules out petrol price hike, cautions Nigerians - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg","datePublished":"2021-03-01T17:37:51+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Nigerian National Petroleum Corporation (NNPC) has cautioned motorists to stop panic buying of Premium Motor Spirit ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-603d1c81bcddc.jpg","width":1280,"height":720,"caption":"NNPC rules out petrol price hike, cautions Nigerians"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-rules-out-petrol-price-hike-cautions-nigerians#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"NNPC rules out petrol price hike, cautions Nigerians"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/38115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=38115"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/38115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/38114"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=38115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=38115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=38115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}