News & Politics
NNPC dispels fuel price increase rumour
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians it has no plan to review pump prices of petroleum products. The corporation disclosed this in a statement signed by Ndu Ughamadu, its spokesman, in Abuja, on Tuesday. He said, “The Federal Government has no plan to review prices of white products either downwards or upwards.” […]
By
Tobi Idowu
6 years ago
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians it has no plan to review pump prices of petroleum products.
The corporation disclosed this in a statement signed by Ndu Ughamadu, its spokesman, in Abuja, on Tuesday.
He said, “The Federal Government has no plan to review prices of white products either downwards or upwards.”
Ughamadu also warned those spreading reports of a price review as he says their “ignoble act” could lead to artificial scarcity and hoarding of products by consumers.
He urged members of the public to report any station that sells PMS above the N145 recommended pump price to the offices of the Department of Petroleum Resources (DPR) nationwide.
“The Department is authorised to monitor and regulate the Industry’s activities,’’ he said.
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