NO PLAN TO INCREASE PETROL PRICE, SAYS NMDPRA

VOP Lagos
1 Min Read

In another development, with Nigerians groaning under acute petrol scarcity and soaring pump prices, the Nigerian Midstream Downstream Petroleum Regulatory Authority yesterday said the Nigerian National Petroleum Company Limited has enough stock that could last for 34 days.

Besides, the agency said the Federal Government has no plan to raise the pump price of the product – at least for now.

Foreclosing possible increase in petrol price, the agency assured that it would monitor the supply situation to restore normalcy

It advised marketers to shun diversion of the product, the agency urged consumers to desist from panic buying


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