The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Mele Kyari, is currently having a crucial meeting with the National Chairman of All Progressives Congress, Senator Abdullahi Adamu, at the party secretariat in Abuja.
The development had triggered a 100 per cent hike in transport fares, while long queues resurfaced at fuel stations across Lagos, Abuja, Ilorin, Benin, Asaba, Port Harcourt, Kano, Makurdi and other major cities across the country.
To worsen the situation, many fuel outlets shut their facilities and refused to dispense fuel to motorists, further creating scarcity and panic buying at the fuel stations that were opened to customers. Similarly, on Thursday, Kyari also allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, better known as petrol across the country.
The NNPC boss opined that competition among major players in the oil sector would force down the price of petrol as against the upward trends that have caused panic in the country.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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