FG DENIES INVOLVEMENT IN FUEL INCREASE

Written by on September 4, 2024

The Federal Government has denied reports, that the Ministry of Petroleum Resources instructed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at ₦1,000 per litre.

In a statement signed by Nnemaka Okafor, the Special Adviser, Media and Communication to the Minister for Petroleum Resources (Oil), the government dismissed the claims as baseless and aimed at causing confusion within the oil industry.

The statement emphasized that the Federal Government has not interfered with petroleum pricing decisions made by the NNPCL, reaffirming the company’s autonomy in such matters.
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