NNPC rules out fuel price increase

The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but ruled out any increase in the pump price of the product.

The Group Managing Director, NNPC, Mele Kyari, while delivering a presentation at a conference organised by energy correspondents in Lagos, said the corporation had adequate stock of petrol.

Kyari said the corporation has over one point seven billion litres of fuel and another two point three billion litres coming in.

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