Stella Dimoko Nigerian Govt Denies Plans To Increase Fuel Price In June...


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Friday, May 21, 2021

Nigerian Govt Denies Plans To Increase Fuel Price In June...

The Federal Government on Friday said there is no plan to increase the price of Premium Motor Spirit (PMS) in the month of June, 2021.

Minister of State for Petroleum, Timipre Sylva, in a statement said it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government was not in a hurry to increase the price of PMS to reflect current market realities.

“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded,” he said.

Sylva stated that the clarification became necessary in the light of recent reports regarding the resolution of the Nigeria Governors Forum to increase the pump price of petrol.

He said in this regard, he would strongly urge petroleum products marketers not to engage in any activities that could jeopardise the seamless supply and distribution system in place and called on members of the public to avoid panic buying because the Nigerian National Petroleum Corporation has enough stock of petroleum products to keep the nation wet.

from pmnewsnigeria


  1. The second paragraph says it all. They will still increase it. There was a country indeed!

  2. This comment has been removed by the author.

  3. They have concluded plans to increase the price.

  4. Once there's a rum our like this, then I believe they're planning to do it, na them push the rum our out to see the reactions of the people, God punish everyone responsible for the suffering of the masses ,may they never find favour in God's sight.

    Shebi even if its sold at 500, the thiefiticians can afford it,very greedy thieves, ordinary covid 19 loan, our senators still put eye, we have senators list, where they put their children and concubines as beneficiary, Una no go die for where Una clothes dey o

  5. They always deny later they will be shocked

  6. These people should have mercy on us nau😫

    1. That is the wrong prayer, it should be God have mercy on us cos those people are evil


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