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NNPC speaks on fuel scarcity, hike in price

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Nigeria’s National Petroleum Corporation, NNPC, has dispelled any rumors of fuel shortages in the country.

The corporation also advised consumers of petroleum products not to take into account the rumor of a planned increase in the price of the Premium Motor Spirit (PMS) pump.

The new head of the NNPC, Mr. Mele Kyari, revealed on Thursday that the oil price of N145 per liter obtainable in Nigeria was the cheapest in the subregion of West Africa. Kyari spoke as she presented the income generated before the Senate.

The general manager of the NNPC Group, Public Affairs Division of the Group, Ndu Ughamadu, in a statement on Thursday, clarified that what the “NNPC GMD stated during its commitment to the president of the Senate,

the distinguished Senator Ahmed Lawan, in the Assembly Yesterday’s national was that the price of gasoline was extremely low in Nigeria compared to that obtained in the neighboring countries of West Africa.

“Mallam Kyari had observed if the vast disparity in the price of gasoline fuel between Nigeria, on the one hand, and its neighbor, on the other side, tended to encourage cross-border leaks, while seeking the support of the leaders from the National Assembly to curb the discontent of smuggling.

“He advised Nigerians from all walks of life to ignore the suggestion of a planned increase in the price of gasoline by NNPC, saying that, legally, NNPC was not even in a position to regulate

the amount of derivative products. of oil, and said that the role of NNPC as an operator must be differentiated from that of any of the regulators of the industry. ”

Ughamadu said that, as indicated by the relevant government agencies, the price of gasoline continues to be N145 per liter. He warned the petroleum products, the marketers, not to sell gasoline above N145 per liter as a result of the rumor declared.

“The NNPC advised the Nigerians to remain vigilant and provide voluntary information to the Department of Petroleum Resources (DPR), the industry regulator or any police agency that surrounds them, at any station that sells gasoline above N145 per liter”, he added.