Home News Nigerians lament hike in fuel prices, despite NNPC assurance
News

Nigerians lament hike in fuel prices, despite NNPC assurance

1.3k
Petrol Prices

Nigerians across different states are lamenting the hike in fuel prices in recent days and the existence of long queues. Days earlier, the Nigerian National Petroleum Company Limited (NNPC Ltd) had attributed these long queues to logistical challenges.

In a video online, famous actor Afeez Oyetoro, known for his role as “Saka” in various Nigerian films, took to social media to express his dismay over the soaring fuel prices, highlighting the hardships faced by Nigerians as a litre of fuel reached an exorbitant price of N900 in some areas.

Also, popular content creator Taooma echoed similar sentiments,

Recall earlier, in response to growing concerns over the availability and escalating fuel prices in Nigeria, the Nigerian National Petroleum Company Limited (NNPC Ltd) issued a statement reassuring citizens that recent fuel shortages were due to logistical challenges, which have since been resolved.

Addressing these concerns, NNPC spokesperson Olufemi Soneye clarified that the recent scarcity was attributed to logistical issues rather than a shortage of fuel reserves.

Soneye reassured the public that the supply of Premium Motor Spirit (PMS) had been restored to normal levels following the resolution of these challenges.

In the official statement released on Thursday evening, NNPC emphasised that there would be no changes in the prices of petroleum products.

It also wishes to reiterate that the prices of petroleum products are not changing, it stated.

The corporation urged Nigerians to refrain from panic buying, emphasising the sufficiency of fuel products within the country.

The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is due to logistics issues and that they have been resolved, the statement read.

About The Author

Related Articles

NewsPoliticsWorld

Why British Involvement Is an INEC and APC Cover and Nigerians Must Absolutely Defend the 2027 Ballot in the Streets and at the Polls

The recent announcement that the Independent National Electoral Commission has deepened its...

NewsPolitics

After 38 Years of Neglect, APC Paints Uncompleted Jos Stadium in 48 Hours for Campaign Rally

The Jos International Stadium has been incomplete for nearly four decades, but...

NewsTravelWorld

Ghana Moves Closer to Relaunching National Airline as Mahama Meets Boeing

President John Dramani Mahama has taken another major step toward re-establishing Ghana’s...

NewsPolitics

Tinubu’s ‘Poverty Is Not Shameful’ Quote Resurfaces as Nigerians Struggle Under His Economic Reforms

A social media post quoting President Bola Tinubu as advising Nigerians to...