April 12, 2024
NNPCL Explains Reason Behind Surge in Petrol Prices
News Today In the News

NNPCL Explains Reason Behind Surge in Petrol Prices

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has attributed the increase to market forces.

Addressing journalists after a closed-door meeting with Vice President Kashim Shettima at the State House, Abuja, Mr. Kyari said the price increase was caused by the market regulating itself. 

READ ALSO: Presidency Reviews Proposed N8,000 Cash Transfer

He noted that the price of petrol will go up, and sometimes will come down.

Mr Kyari also debunked notions that the price increase is due to a shortfall in petrol supply.

Leave feedback about this

  • Quality
  • Price
  • Service

PROS

+
Add Field

CONS

+
Add Field
Choose Image
Choose Video