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The Federal Authorities has denied authorizing any improve within the worth of Premium Motor Spirit popularly often called petrol, regardless of the hike in the price of the commodity throughout the nation.
Based on Punch, this was made recognized by the Minister of State for Petroleum Assets, Timipre Sylva, by a press release issued by his media aide, Horatius Egua, in Abuja on Friday, the place he mentioned that President Muhammadu Buhari had not accepted any worth improve for petrol.
Buhari has not accepted any worth improve for petrol
- Sylva was quoted as saying, “President Muhammadu Buhari has not accepted any improve within the worth of PMS or some other petroleum product for that matter. There is no such thing as a cause for President Muhammadu Buhari to renege on his earlier promise to not approve any improve within the worth of PMS presently.
- “Mr President is delicate to the plight of the atypical Nigerian and has mentioned repeatedly that he understands the challenges of the atypical Nigerian and wouldn’t wish to trigger untold hardship for the citizens.
- “Authorities won’t approve any improve of PMS secretly with out due consultations with the related stakeholders. The President has not directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority or any company for that matter to extend the worth of gas. This isn’t the time for any improve within the pump worth of PMS.’’
Mischief makers attempting to discredit the federal government’s achievements
The minister famous that what was enjoying out was the handiwork of mischief makers and people planning to discredit the achievements of the President within the oil and fuel sector of the economic system.
- He added, “What’s enjoying out is the handiwork of mischief makers and people planning to discredit the achievements of Mr President within the oil and fuel sector of the economic system. I enchantment to Nigerians to stay calm and law-abiding as the federal government is working onerous to convey normalcy to gas provide and distribution within the nation.’’
For catch up
- Oil entrepreneurs had earlier confirmed the rise in petrol worth, stating that this was one of many the reason why main entrepreneurs have been dishing out the commodity at increased charges presently.
- Nairametrics in an earlier report had mentioned that some media reviews had advised that the Federal Authorities had elevated the official pump worth of premium motor spirit (gas) to N185 per litre on Thursday, January 19.
- It was reported that the Federal Authorities despatched a directive to all entrepreneurs, together with the Main Oil Entrepreneurs Affiliation of Nigeria (MOMAN) and the Unbiased Petroleum Entrepreneurs Affiliation of Nigeria (IPMAN), informing them to regulate the pump worth accordingly.
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