The Nigerian National Petroleum Corporation (NNPC) has debunked speculations making the rounds that the federal government is set to increase the price of petrol.
This followed the increase in the bridging allowance to transporters from N6.20 to N7.20 on Monday.
A statement released on Tuesday by NNPC’s Group General Manager, Public Affairs, Ndu Ughammadu, explained that the N1.0 increase in transporters’ allowance would be absorbed in the existing pricing template.
It read: “NNPC wishes to assure consumers of Premium Motor Spirit, PMS, otherwise known as petrol that the review of bridging cost would not lead to increase in the price of the white product.
“The review of the bridging allowance which enjoyed the blessing of the Honourable Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, would be absorbed in the existing products import template.”
The increase to N7.20 resulted in The National Union of Petroleum and Natural Gas Workers (NUPENG) suspending its nationwide strike which began on Sunday.
Like Us on Facebook!
Do You Need a Sugar Mummy, Sugar Daddy, Girlfriend, Boyfriend Wife or Husband? If Yes, Then Click Here For Details
0 comments:
Post a Comment