Fuel Hike: Reps To Summon Kyari, Marketers

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2 years ago
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Mohammed Shosanya

The House of Representatives on Wednesday resolved to invite the Managing Director of the Nigeria National Petroleum Company Limited, NNPCL, Mr. Mela Kyari to explain the recent increase in the Price of Premium Motor Spirit in Nigeria.

The resolution of the House was sequel to the adoption of a Motion of Urgent National Importance on the Recent Increase In the Price of Premium Motor Spirit, moved by Hon. Ikenga Ugochinyere.

The motion said that the increase in the price of PMS will lead to the increase in food prices across the country.

He prayed the House to set up an Ad-hoc committee to investigate the increment.

Members who contributed to the motion agreed that the price of oil is determined by the market sources.

They also called for the invitation of Oil marketers to contribute to the discourse.

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