The Nigerian National Petroleum Corporation has debunked claims that it is planning to slash the pump price of Premium Motor Spirit, otherwise called petrol, to N57 per litre.
This was in reaction to social media reports of a reduction in current pump price of petrol from N87 per litre to N57.
Describing the reports as false, the corporation advised members of the public to ignore such tales, adding that the price of petrol remained N87 per litre.
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At the end of the session, the NNPC and the key downstream operators reached a consensus to work together to eliminate all obstacles that could hamper the free flow of petroleum products across the country, a statement by the spokesperson for the NNPC, Mr. Ohi Alegbe, indicated.
He noted that several financing mechanisms were being explored to offset the commitment to the oil marketers, hinting at the possibility of exploring the monthly payment option.
“In the future, we may explore some creative means to prevent backlogs,” Kachikwu added.
The Secretary General, MOMAN, Mr. Femi Olawore, commended the GMD for his support and pledged the readiness of the marketers to work with the Federal Government in ensuring zero fuel scarcity across the nation during the forthcoming Yuletide and even beyond.
This was in reaction to social media reports of a reduction in current pump price of petrol from N87 per litre to N57.
Describing the reports as false, the corporation advised members of the public to ignore such tales, adding that the price of petrol remained N87 per litre.
Continue to read
At the end of the session, the NNPC and the key downstream operators reached a consensus to work together to eliminate all obstacles that could hamper the free flow of petroleum products across the country, a statement by the spokesperson for the NNPC, Mr. Ohi Alegbe, indicated.
He noted that several financing mechanisms were being explored to offset the commitment to the oil marketers, hinting at the possibility of exploring the monthly payment option.
“In the future, we may explore some creative means to prevent backlogs,” Kachikwu added.
The Secretary General, MOMAN, Mr. Femi Olawore, commended the GMD for his support and pledged the readiness of the marketers to work with the Federal Government in ensuring zero fuel scarcity across the nation during the forthcoming Yuletide and even beyond.
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