The Nigerian National
Petroleum Corporation (NNPC) has debunked reports of a purported reduction in
the current pump price of petrol from N87 per litre to N57.
NNPC Building, Abuja |
A statement signed by
NNPC’s Group General Manger, Group Public Affairs Division, Mr Ohi Alegbe, in
Abuja on Monday described the report as false and misleading.
The statement advised
members of the public to ignore such tales, adding that the price of petrol
remained N87 per litre.
It, however, said that a
major step to ensure zero fuel queues throughout the country ahead of the
forthcoming yuletide and beyond had begun off on Monday.
It said that the steps
were between the Group Managing Director of the NNPC, Dr. Ibe Kachikwu and
members of the Major Oil Marketers Association of Nigeria (MOMAN) and the Depot
and Petroleum Products Association, (DAPPMA).
The statement said NNPC
and the key downstream operators reached a consensus to work together to
eliminate all obstacles that could prevent the free flow of petroleum products
across the country.
It said the issue of
uninterrupted supply and distribution of petroleum products across the country
was important to the government.
The statement added that
government was willing to take measures to ensure that members of the public
did not go through any form of hardship in accessing petroleum products.
According to the
statement, Kachikwu promised to work with other relevant Federal Government
agencies to fast track the outstanding payment to oil marketers.
It said Kachikwu promised
to arrange for a meeting with the relevant creditors (bankers) to ease off
pressure on marketers and extend the credit lines.
It said that several
financing mechanisms were being explored to offset the commitment to oil
marketers.
The statement said that
the Secretary-General of MOMAN, Mr Femi Olawore, commended the GMD for his
support.
It said that Olawore
pledged the readiness of the marketers to work assiduously with the government
in ensuring zero fuel scarcity across the nation.
The statement said
Olawore called on NNPC GMD to facilitate the emergence of a special committee
to verify and authenticate the current national fuel consumption figure of 40
million litres per day.
The statement also said
Chief Dapo Abiodun, Chairman of DAPPMA, commended the NNPC for its improved
services at various product loading facilities and urged the management to
sustain the tempo (NAN).
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