Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป NNPCL breaks silence on fuel pump price hike
LATEST

NNPCL breaks silence on fuel pump price hike

OsunDailyBy OsunDailySeptember 28, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
NNPCL spent N34.4bn on pipeline maintenance in 18 months - Report
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

The Nigerian National Petroleum Corporation Limited, NNPC, has given an update on the fuel pump price amid rising crude oil prices.

DAILY POST reports that Brent Crude surged to $96.17 on Thursday.

The surge had continued for weeks, creating fears of a possible hike in the petrol pump price.

However, in a chat with DAILY POST on Thursday, the Acting Chief Corporate Communications Officer of NNPCL, Iyabode Ayobami- Ojo, allayed fears of another hike in the petrol pump price.

She stated that in line with the Petroleum Industry Act, PIA, the NNPCL has responsibility for ensuring energy security, thus actively managing petrol pump prices.

โ€œIn line with the PIA, NNPC Limited has responsibility for ensuring energy security and is thus actively managing PMS pump prices at its stations, as is expected under deregulation,โ€ she stated.

Stakeholders in the oil and gas sector had said that the increment of petrol pump price is within the prerogative of NNPCL since it is the sole supplier of the product in Nigeria.

Fuel price: Uncertainty looms as crude oil hits $93.50

Upon removal of fuel subsidy, the petrol pump price rose from N175 per litre to N545. In July, the fuel price was reviewed upward to N617 per litre.


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
Breaks Fuel hike NNPCL Price Pump Silence
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Buhari rallies support for Tinubu on second anniversary

May 28, 2025

Anti-Matawalle protests sponsored by Zamfara Govt – APC group

May 10, 2025

Gunmen kill three security personnel during attack on anti-banditry office in Jigawa

March 6, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.