NNPC: FUEL PRICE REMAINS N97 IN NIGERIA
Nigeria’s
Federal Government will not increase the pump price of petrol in January, the
Acting Group General Manager, Public Affairs of the NNPC, Mr Fidel Pepple, has
assured.
He gave the assurance on Sunday in Abuja
while speaking with newsmen, restating that the Federal Government had
earmarked some money for fuel subsidy in the 2013 budget.
Arepo pipelines in Lagos and Ogun
had been restored.
Pepple said that that the NNPC was working hard to check fuel scarcity and
eliminate queues at filling stations across the country. He attributed the long
queues at filling stations to the activities of vandals and the closure of some
filling stations, due to the Christmas holidays.
The spokesman said that the company had product sufficiency that could
sustain the country for more than a month. He said the NNPC was working hard to
supply PMS so as to ease the hardship of motorists before and after the New Year.
Pepple appealed to independent marketers to stop diverting petroleum
products to the black market, saying that sanctions would be meted out to
culprits. The general manager stressed the need for marketers to team up with
the NNPC in ensuring steady supply and distribution of petroleum products.
He also called on motorists to desist from panic buying and hoarding as the
NNPC was doing its utmost to restore normalcy in the supply and distribution
chain.
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