NNPC dispels rumours of fresh hike in fuel pump price Diesel price hits N950/litre

Amid rumours of iminent increase in fuel pump price, NNPC has come up with a refuttal.

The company tweeted:

"Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated. Please buy the best quality products at the most affordable prices at our NNPC Retail Stations nationwi,de."

Diesel price hits N950/litre
Meanwhlie, diesel price has hit N950/litre and this worsens the difficulties experienced by manufacturers.

According to PUNCH Newspaper, Benneth Korie, the National President of NOGASA, explained that before the introduction of the VAT, the cost of diesel was around N650 per liter.

He stated that VAT on diesel was introduced on June 20, 2023. Korie emphasized that the scarcity of US dollars is also contributing to the increase in diesel prices.

Add Your Comment: Vulgar words and/or expressions are prohibited

All Headlines Categories Return

Stories from the same author


	Education Banking and Finance Department Federal Polytechnic Oko announces 5th national conference. Conference holds Nov. 29-30 2023 Patrick Mbanefo, Chris Kalu, Chris Okpala to deliver lead papers


	News Sir Nwabueze appointed South East Coordinator Igbo Bible Revival Project.


	Society Nwabueze, Arase, Amadi, others bag Fellowship of Institute of Diplomacy and Management . Former IGP Solomon Arase delivers keynote speech

All Headlines Categories Return

Recent Stories


	News Nwabueze reacts to Forbes Best of Africa, Euroknowledge Excellence Awards.


	Features Nwabueze urges Anambra youths to be part of community policing, says future belongs to youths.


	News Video Video Nwabueze tasks government, non-government agencies on drug, crime reduction.


	Features Soludo receives GOC 82 Div., hails contributions of Nigerian Armed Forces.


	Education Juvenile Justice Administration boosted as Dr Nneka Umejiaku launches new law book at NAU.


	Education Banking and Finance conference: Rector calls for investment in agriculture, technology. Rector advocates funding for vocational training Banking and Finance Dept. gets kudos for contributing to research, learning


	Crime and Security Four feared dead as gunmen attack security operatives in Anambra .


	Press Release Full text of Prince Arthur Eze's message of gratitude on 75th birthday. Prince Eze thanks Gov. Soludo, Nigerians Prince Eze mobilises support for Tinubu, Soludo


	News Archbishop Ibezim lauds Gov Soludo for celebrating Prince Arthur Eze \| Soludo promises building old people's home.


	Newss Spectacular moments during Prince Arthur Eze's platinum birthday.


	Cover Stories Video Video Day of splendor, generosity as Prince Arthur Eze doles out 5.3b naira on platinum birthday celebration . Anambra govt.- 5b naira Anglican, Catholic, Methodist churches- 100m each


	Cover Stories Prince Arthur Eze rallies support for Soludo, Tinubu . Prince Eze decries 'calamity' in south east


	News Obi celebrates Founder's Day at alma mater in Anambra.


	News NUA debunks erroneous landing of flight, says diversion to Asaba due to poor destination weather in Abuja.


	News Christ the king: Catholic Chaplain charges Christians to reflect on living. Catholic faithful converged at Federal Poly Oko for Corpus Christi

Most Read Stories


	Education ASUU elects new officers, returns Prof. Osodeke as President . Except Welfare Officer, all former officers were re-elected


	News Anambra Joint Security Force smashes insurgents camp in Ogbunka.


	Features Killings, attacks on security formations threaten Anambra gov’ship poll.


	News features Second Niger Bridge will decongest existing Bridge Head, boost economic activities of southern region - Buhari. Soludo hails project as game changer


	News President Tinubu approves establishment of Presidential CNG Initiative. FG targets nationwide adoption with workshops

All Headlines Categories Return