Updates

NNPC says no plans to increase fuel price during yuletide period

By: Bisola Bello December 5, 2017
nnpc

The Nigerian National Petroleum Corporation has reiterated that there is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming Yuletide.

This was announced by the corporation in a statement signed by its Group General Manager Group Public Affairs Division, Mr. Ndu Ughamadu, in Abuja on Monday

The statement read that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre had not changed.

It also noted that the corporation had enough stock of fuel to ensure seamless supply and distribution of products across the country.

It enjoined motorists and other users of petroleum products to disregard trending rumours in some online news platforms of an impending fuel price hike. The corporation in the statement added that it had the full commitment of all downstream stakeholders, including petroleum marketers and industry unions, to cooperate in achieving zero fuel scarcity this season and beyond.

NAN



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