Group Managing Directors of Nigerian National
Petroleum Corporation (NNPC) says the current pump price
of N145 per litre is no longer feasible. The Statement was made after a one-day meeting held with the Minister of
State for Petroleum Resources, Dr. Ibe Kachikwu, in Abuja.
The statement reads,
“They (the GMDs) noted that the petrol price of N145/litre is not congruent with the liberalisation
policy especially with the foreign exchange rate and other price
determining components such as crude cost, Nigerian Ports Authority
charges, etc remaining uncapped.”
A Computer Science Student, Writer, Serial Entreprenuer with love for infotech.
Editor-In-Chief and Director of Brand NewsReportage.com.ng
0 comments:
Post a Comment