Yuletide: NNPC Bemoan Fuel Scarcity, Says No Plan To Raise Price

Yuletide: NNPC Bemoan Fuel Scarcity, Says No Plan To Raise Price

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Post Views: 392 The Nigerian National Petroleum Corporation (NNPC), on Monday, again bemoan the lingering scarcity of petroleum products being noticed...

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The Nigerian National Petroleum Corporation (NNPC), on Monday, again bemoan the lingering scarcity of petroleum products being noticed in some retail outlets, saying there are no plan to increase prices both at the ex-depot level and pump price ahead of the forthcoming yuletide.
A statement by the group stressed that the ex-depot petrol price of N133.38 per litre and N143/N145 per litre the pump price, assuring that there is enough stock for seamless supply and distribution of products across the country.
NNPC enjoined motorists and other users of petroleum products to disregard rumours of an impending fuel price hike, especially at a time the corporation said it has the full commitment of all downstream stakeholders including petroleum marketers.
Motorists were enjoined to refrain from panic buying or indulging in the dangerous practice of stocking petroleum products in jerry cans at home, just as it assured that its downstream subsidiaries: “Petroleum Products Marketing Company (PPMC) and NNPC Retail Limited are fully geared up to ensure that motorists enjoy uninterrupted access to petrol throughout the nation.”

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