The Nigerian National Petroleum
Corporation (NNPC) has dismissed reports that it is planning to increase the
price of premium motor spirit (PMS) better known as petrol.
In a statement, Ndu Ughamadu,
group general manager, group public affairs division of NNPC, said mischief
makers are behind the reports.
During a visit to Senate
President Ahmad Lawan on Wednesday, Mele Kyari, group managing director of the
NNPC, had said it is very difficult to make fuel available at N145.
After this, reports of plans to
increase pump price started circulating on social media.
Ughamadu said it was improper for
people to conclude that the corporation had made plans to hike the price of the
product.
He said NNPC is “not even in a
position to regulate the price of petroleum products.”
Ughamadu said what Kyari meant
was that “the price of petrol was abysmally low in Nigeria compared to what
obtained in neighbouring West African countries.”
“Mallam Kyari had observed at the
event that the huge disparity in the pump price of petrol between Nigeria on
the one hand and her neighbouring country on the other hand tended to encourage
cross-border leakages, as he sought the support of the leadership of the
National Assembly to curb the malaise of smuggling,” the statement read.
NNPC cautioned petroleum products
marketers not to sell petrol above N145 per litre.
Ughamadu urged Nigerians to
report cases of increased fuel price to the Department of Petroleum Resources
(DPR) in order to take disciplinary measures against defaulters.
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