No plan to increase fuel price in February - NNPC - Daily Mail - Alexa News Network

General News And World News delivers latest breaking news and headlines including general news, U.S. News, politics, business, entertainment, video.We give the best News, General News,World News, Entertainment News, Sports News, Football News, African News, Top Stories, News Headlines, Featured News, Trending News, Popular News, Viral News, Politics, European News, Asian News, Latin American News, Middle East News.

Breaking

Home Top Ad

Post Top Ad

Wednesday, 17 February 2021

No plan to increase fuel price in February - NNPC

The Nigerian National Petroleum Corporation (NNPC) has denied plans to increase fuel price from February.

There had been speculations the prices of petroleum products may go up next month as many filling stations sell petrol above the official N162 per litre.

But NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, told The Nation on phone there was no imminent upward review of the petrol price.

He said: “NNPC has not increased its ex-depot price. I am certain that NNPC is not likely to increase its ex-depot price in February”.

According to him, NNPC has a stock of petrol that can last over 40 days.

He allayed fears of scarcity of the product.

Obateru urged the Department of Petroleum Resources (DPR) to clampdown on the marketers hoarding petrol.

“We have sufficiency for almost forty something days. If people are hoarding or increasing their prices that one is for the DPR to look into,” he said.




No comments:

Post a Comment

Post Bottom Ad

Pages