It Is Difficult To Make Fuel Available At N145: NNPC

Must Read

N400m Money Laundering: Court Finds Olisa Metuh Guilty

A federal high court sitting in Abuja has found the former spokesman of the People Democratic Party(PDP), Olisa Metuh...

2023 Presidency: Lagos APC Backs Bola Tinubu

The Lagos state chapter of the ruling All Progressive Congress(APC) has backed the national chairman of the party, Ahmed...

‘Witchcraft Is A Myth, It Doesn’t Exist’ – Leo Igwe

A group, Advocacy for Alleged Witches (AFAW) has said that witchcraft does not exist and that the concept is...

GTBank’s MD/CEO, Segun Agbaje To Speak At Social Media Week On Thursday, February 27, 2020

The Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, Segun Agbaje, is set to lead a...

Obaseki Is Training Militia Group In Edo: APC

The rift between the Edo state chapter of the ruling All Progressive Congress(APC) and its state governor, Godwin Obaseki...

NNPC Hints At Fuel Pump Price Rise, Says N145 Is The Cheapest In West Africa

Nigerian National Petroleum Corporation (NNPC) has hinted that the pump price of  (PMS) may go up soon as the N145 pump price is the cheapest in West Africa.

Mele Kyari, NNPC’s new Group Managing Director (GMD), made this known yesterday during a visit to Senate President Ahmed Lawan at the National Assembly complex, Abuja.

READ: APC is handling NNPC like a private business – Dino Melaye

In his words:

“The N145 per litre fuel price regime in Nigeria runs against the N350 per litre most of the other West African countries operate, encouraging smuggling.

“It is even very difficult for us to make the product available at N145,” he said.

NNPC also spoke on the laws relating to the oil and gas industry, saying it will ensure that the National Assembly delivers speedy passage of these laws as this will enable a legal framework for the growth of the oil and gas sector.

 

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -