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Tuesday, 8 November 2016

No plans to increase pump price to N150- NNPC

NNPC last week adjusted the pump price of petrol at its mega stations nationwide from N141 to N145. In a statement released by the groups General Manager for Public Affairs, Garba Deen Muhammed, the corporation reacted to the increase and also denied claims of planning to increase pump price to N150 per liter. Read the statement below...


The Nigerian National Petroleum Corporation (NNPC) has said it is not empowered statutorily to tinker with the pricing template of petroleum products as erroneously reported in some national dailies. In a press statement on Monday, NNPC stated that the price adjustment in its downstream facilities from N141 to N145 per litre is still within the price band of N135 and N145 per litre approved on 11th May, 2016 by the Petroleum Products Pricing Regulatory Agency (PPPRA), the statutory body in charge of petroleum products pricing. The Corporation assured marketers and motorists of its readiness to continue to play its statutory role of being the supplier of last resort and ensuring energy security for the nation. The NNPC further confirmed the availability of over 1.6 billion litres of PMS in-country that would last 45 days consumption. The NNPC said there was no time its Management met the President to push for a hike in the pump price of petrol to N150 per litre. It advised journalists to always cross check their facts before going to press.

29 comments:

Alloy Chikezie said...

Whatever!

Your comment will be visible after approval.

Eddy Ogbunambala said...

Ok

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merryjones said...

nigeria

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Chizzy Liz said...

**********×************* oshi nini?????? *#Yawns#.....flips to the next news ??????

freeborn bamislam suani ahmad zinalima said...

Shameless useless apc government. WHY DENYING IT HUH? BUT UNA DON INCREASE NA. TERRORIST BUHARI U AND UR IGNORANT SCAM GOVERNMENT IS A WASTE TO HUMANITY SHAME TO U ALL.
freeborn wept.















#sad indeed

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livingstone chibuike said...

Mak una kip robbin us

Abosede Ojuade said...

Ok we don hear.

OSINANL said...

OKAY O!
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Uju Phil said...

Why should i believe you guys when everything that comes out of you moth is nothing but lies! #LaiMuhammad

Uju Phil said...

Why should i believe you guys when everything that comes out of you mouth is nothing but lies! #LaiMuhammad

JEMBETE(KEY-POINT) said...

UNA FIT TELL NORTHERNERS N APC MEMBERS BCOS NA ONLY DOS KIND OF PIPLE NO GET SENSES.

WE IN D SOUTH NO CARE ABOUT D PRICES BCOS NA LIKE 3OO NAIRA WE DE BUY N WE NEVER COMPLAIN FOR ONCE.

ANYBODY WEY DE COMPLAIN NA APC MEMBERS

Juliet Iwuno said...

Issorite o! Linda take note!

BONARIO NNAGS said...

Better because Nigerians cant afford any further increase in the pump price of fuel.



. ~BONARIO~says so via NOKIA LUMIA

Marie-Jurie said...

till then...


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Marie-Jurie said...


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Iphie Abraham said...

Hmmmmmmmm,they should take their time o
















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ONYX linda ikeji first son GODWIN said...

Useless government.

Ndubisi Tochukwu said...

Ode...it has reached #150already na...wen nnpc sells at #145 wat will other stations now sell....bastards.
Signed
LibBadBoy

Anonymous said...

lol. lie

evy claret said...

Na dem sabi. Heartless people

Eva Da Diva...

Vivian Reginalds said...

jus negodu these foolish people
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ed DREAMZ said...

a.k.a EDWIN CHINEDU AZUBUKO said...
.
Make them increase nw, wetin concern me...
.
.
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Nweme Jonathan Eyo said...

They better don't try it ooo, Nigerian right now has no patience all this nonsense now

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