Eko Hot Blog reports that the Nigerian National Petroleum Company (NNPC) Limited has reacted to a media report alleging fresh plans to increase the price of petrol to N1,200 per litre.
NNPCL’s Group Chief Executive, Mele Kyari
Social media reports, on Wednesday had fueled rumours of a new increase in the price of fuel across the country.
Reacting to the rumour, which has continued to generate mixed reactions amid the harsh economic conditions of the country, the NNPC says there are no plans to hike the price of fuel.
This was contained in a short rejoinder issued on Wednesday by NNPC, Group Communications, Officer, Olufemi Soneye.
The statement reads:
“NNPC Ltd emphasises it has not clashed with any party. The Punch headline is deemed unfortunate. The publication sought confirmation on the alleged subsidy reduction, to which NNPC responded that the subsidy has been entirely removed.”
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