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Senator John James AkpanUdoedehe, National Secretary APC Caretaker Committee has allayed fears Nigerians over increase in the price of fuel in Nigeria
He also declared his party’s opposition to any immediate increase in the pump price of petroleum products.
He explained the party took the decision because of the ripple effect such increase would have on the already haemorrhaging economy, stressing that the time was not right for any increase.
He made the disclosure during a media parley organized by APC Professionals , geared to systematically showcase laudable achievement of the party despite widespread criticism that the administration is a failure.
On Monday,the Nigerian National Petroleum Corporation said it will not increase ex-depot price of petrol in May
Group Managing Director of the NNPC, Mele Kyari, announced on the company’s social media post during a meeting he held with the National Association of Road Transport Owners/Petroleum Tanker Drivers.
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Kyari said: “We want to inform oil marketing companies that the NNPC will not increase the pump price of PMS in May. I am giving the assurance and I ask Nigerians to go about their normal businesses; we have over 20 billion litres of petrol in our custody.
“Many of you are aware of this and with the assurance with tanker drivers and NUPENG, there is no need for panic buying of the product. Petrol will be available in all the depots in the country including NNPC dispatched depot across the country, so nobody should panic in buying the product.”
Speaking on the on the strike by the PTD, the NNPC boss said the strike was associated with NARTO’s inability to increase their compensation which was not resolved last week.
He said, “We have given commitment to both NARTO and PTD that we will resolve the issue within a week and come back to the table to have a total closure on the issue.
“We also have a robust engagement with our oil marketing partners in respect of increase in the volume product that is check in the Nigerian market. “We have agreed to work jointly with all the security agencies to contain any possible infractions seen in our borders. We will work as a team to curtail this fraudulent practice with the help of the security agencies.”
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