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JUST IN: Why We Increased Petrol Price To N617/Litre – NNPC Reveals

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Fuel scarcity

 

Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited,  has blamed market forces for the increase in petrol pump price from N540 to N617 per litre.

Speaking with state house correspondents on Tuesday after a meeting with Vice President Kashim Shettima at the Aso Villa, Kyari said the increase is not based on a short supply of petrol.

More to follow…

 

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