Stella Dimoko Korkus.com: Fuel - Kachikwu And Baru Deny Reports Of Possible Hike

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Tuesday, 6 September 2016

Fuel - Kachikwu And Baru Deny Reports Of Possible Hike

Petroleum Minister and the MD, NNPC, Baru, have denied reports that there will be an increase in the prices of petroleum products across the country.



The Minister of State for Petroleum, Dr Ibe Kachikwu on Monday refuted media reports of possible increase in the prices of petroleum products in the country.

Supported by and the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Alhaji Maikanti Baru, after a closed-door with President Muhammadu Buhari in Abuja, Kachikwu described the reports as untrue.

Pressed on the issue by State House correspondents, he asked, ``have you seen any memo to that effect?’’

On his part, Baru said that NNPC has no plan to increase the pump price of petroleum products, stressing that ``there is nothing like that.’’


The GMD, however, directed the correspondents to go to the Petroleum Product Pricing and Regulatory Agency (PPPRA‎) for further clarification on the issue.
The News Agency of Nigeria (NAN) recalls that oil marketers had indicated intention to increase prices of the products, citing continued scarcity of foreign exchange to finance importation of the products, as reason. 


Culled: Pulseng


*It would wrong timing to even think of such in these Buhari times.

18 comments:

Miss Ess said...

I hope so

Miss Ess said...

I hope so

Zitel Coconut oil Onitsha 08081725441 said...

They better don't or ....

School Life said...

This 1 still dey? Bubu has taken you behind the cameras. What's that his name again. Ah Oga IBe, Ndewo!!

stephan said...

This katchukwu had beta be sincere oooo.

cakes by Bella's, Abuja. 58DA8ADF, 07080305132, instagram @cakes_by_bellas ,twitter @CBellaabuja said...

That's what they will say till they increase it overnight .

James said...

Noted

James said...

Noted

Loveme Jeje said...

If them like let them increase, we will still buy. Abi no be change dem bring come Nija. We dey kampe

Anonymous said...

They should beta not increase it or do they want to kill the masses

Anonymous said...

Technocrats wey politics nor fit. We are watching u closely

lami said...

If it is true, they should kuku dig ground and bury us.

SteffySoFynSoFly said...

hmmmmmm this APCheaters that can lie from every angle of their mouth? i dont understand how people can just believe everything they hear APC say.even after they have proven times without number how unfaithful they are. y'all better brace up coz its bout to get real.
going to buy my 50 litres of fuel later in the day to avoid story that touch.




*hangs leg on the window while chewing chewingstick*

Anonymous said...

Scarcity loading

Anonymous said...

How can NNPC present and past MDs say that N145/litre is not realistic and then change their minds and say no increase. This APC should not take us for fools. The temporary change of mind is simply cos they realise that any increase or inclination to increase would adversely affect APC in the Edo and Ondo states election. Mark my words, this govt will revisit price of petrol when the state elections are over. Vote wisely

Uberhaute| +234 8151914305| Makeover| Training| Product Sales said...

I don't believe these people. Their attitude is always different from their words

Starjoy said...

They should just stop it oo

Mrs Power aka MP said...

The GMD, however, directed the correspondents to go to the Petroleum Product Pricing and Regulatory Agency (PPPRA‎) for further clarification on the issue.

Haba what is there to clarify? So they r planning on increasing d pump price true true if not just say no its a lie case closed.

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