Petrol price increase due to market realities —NNPC

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Okechukwu Nnodim, AbujaThe Nigerian National Petroleum Corporation on Friday said the increase in the price of petrol was based on the prevailing realities of market forces of demand and supply...

The Nigerian National Petroleum Corporation on Friday said the increase in the price of petrol was based on the prevailing realities of market forces of demand and supply.

It also said the corporation was aware of the purported increase in the Pipelines Product Marketing Company’s ex-coastal price and ex-depot price to N130 and N155.17 respectively. NNPC, in a statement issued in Abuja by its spokesperson, Kennie Obateru, however, said it wished to clarify that although there was an increase, the correct prices, as could be seen on PPMC’s Customer Express platform were ex-coastal price, N128; and ex-depot price , N153.17.

The Customer Express platform is an online portal for procurement of petroleum products, while PPMC is a subsidiary of NNPC. NNPC advised marketers to make their purchases through the online Customer Express platform at the recommended prices.

 

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Reduce senators salary Governors president salary put it in NNPC fuel will come 30.00 wicked people one day

2023 awaits you all.. NNPC is another scam institutionalized by the government.. SoroSoke EndSARS EndCorruption EndBadGovernmentinNIGERIA

Nigeria has never been in a good condition before See the reason why we will keep getting harrassed by Nigerian police if this problems are not put in place👉🏽 EndSARS Watch the whole video and subscribe to the YouTube channel for more videos

Is just due to tyranny and lack of empathy for the masses.

U increase fuel ⛽️ price because your marketers demand, is that a smart thing to do, can’t you investigate who they sell that made their demand suddenly go higher... you increase it but the masses will be the one to suffer... thank you o

It's unfortunate that Nigeria is only country in the world where market forces do not bring down prices of essential goods. What a country!

Yes, market realities. That's exactly what we are witnessing now. I call it know your faith, some call it hardship. Either way, what matters is how you deal with the situation.

Where is the promised free CNG conversion for Nigerians?

They will still come up with how much subsidy they are paying.

When an idiot is the president, so many excuses will be churned out while the innocent citizens keep suffering and dying. But we warned all Nigerians!

The suffering is too much, this govnerment is bringing more pain to the ppl, can't believe that we are still importing PMS till now. Keeping using market realities Come 2023 we the yourth will use voters realities, NNPC another scam

Fg thinks they get sense? They are like pharaoh, Sabi, na because the price still dey affordable that why you are making mouth say go protest say ENDSARS now if we increase am your mouth would be too heavy for EndSARS

Looting and evil realities in government

APC government always give excuse for their incompetent, market force can't make you guys reduce your salary and allowance. Olodo government

I'm tired of this country, why not divide it and let us go separate way? United Nigeria isn't working.

NNPCgroup whys is that in this period that other countries are reducing the cost of pms you are increasingly raising yours. Posterity will judge you all negatively. I curse you all .for this pain. You can't fix ordinary refineries so that all these fluctuations will stop

NigeriaGov. Abeg where is the dual fuel and gas device FG said they ll give us by October to cushion the effect of fuel hike... Shld we remind them that we are in November now or we shld take it as one of those campaign after wining election...

We all know the price will keep moving till it would get to 200 per litre..

Wahala wear konko shoe for this country oooo

If you like increase it to 1,000 per litre, all I know is that the way we are feeling it , the same way all of you that make this country backward like this will feel the same. 2023 await you all

That's not nice

What market reality abi bad governance . Lack of common Sense to drive the nation forward.

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We are just moving backward in this country

Time will come all this grammar will valid no more.. Keep pushing us to the wall

Abi government greediness?

And what is the meaning of market realities? Chaai Nigeria.. What is his naa..I curse the entire politicians in this country making things difficult for the governed

They already created December problem... Shit people

Which one is market realities?

Bla bla bla How much subsidy?

One day bush meat go catch the hunter

What is market reality in what you don't produce and you are the only importer?.. You will see reality when you liberate the importation of fuel..

Wahala for who no get bicycle 🤣🤣🤣🤣🤣

Sai Baba till 2070

Continue to sit in glass house and make things difficult for those in mud house. Time will tell.

Mad fellows

mBuhari What do you have to say to Nigerians about this Sir?

Market realities raa gbuokwa unu dia.

Market realities? U people will be using English to confuse ur family...oloriburuku

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