The Federal Government has refuted claims that the Ministry of Petroleum instructed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at N1000 per liter, exceeding the approved pump price.
In a statement released on Tuesday, September 3, Nneamaka Okafor, Special Adviser to the Minister of State for Petroleum, denounced the report as “fabricated and intended to sow discord and confusion within the oil industry.”
The government emphasized that the approved pump price remains unchanged and that NNPCL has been directed to ensure compliance with the approved price. It urged the public to disregard the false information and refrain from spreading unsubstantiated rumors.
According To Nneamaka, “There Was Never A Time FG Interfered With Petroleum Pricing With NNPCL, Let Alone Give Directives For Price Increment.”
She Said, “The Federal Government Is Compelled To Address The Outright Falsehoods Currently Being Circulated On Social Media, Which Claim That The Honourable Minister For Petroleum Resources (Oil), Senator Heineken Lokpobiri, Has Directed The Nigerian National Petroleum Company Limited (NNPCL) To Inflate Petroleum Prices Above The Approved Pump Price.
“We Categorically Condemn These Claims As Baseless, Malicious, And A Deliberate Attempt To Incite Public Discontent....Read Full Article [Click Here>]
“We Challenge Anyone In Possession Of Any Evidence-Be It Written Documents, Audio, Or Video Recordings-That Supports These Fabrications To Make It Public.
“Such A Claim Is Entirely Devoid Of Truth And Should Be Recognized As An Intentional Effort To Mislead The Public.
“It Must Be Stressed That NNPCL Operates As An Independent Entity Under The Companies And Allied Matters Act (CAMA), With A Fully Empowered Board Of Directors.
“The Ministry Of Petroleum Resources Does Not, And Will Not, Interfere In The Internal Decisions Of NNPCL, Including Pricing Matters. Any Suggestion Otherwise Is Incorrect And Reveals A Profound Misunderstanding Of The Deregulated Nature Of Nigeria’s Petroleum Sector.”
Source: Politics Nigeria
