Fuel scarcity: NNPC warns against price hike

The Nigerian National Petroleum Company Limited has warned oil marketers against selling petrol above the official price.

Its Group Managing Director, Mele Kyari, who stated this at a joint press briefing with Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG),  said there was no plan to adjust the pump price of petrol in the country.

Kyari warned filling stations selling petrol above the approved regulated price of between N162 and N165 per litre to desist or face sanctions.

The NNPC has been making effort to bridge the gap and ensure that situation returns to normalcy.