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‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari - Politics - Nairaland

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Nigerians Should Buy Petrol At ₦256 Per Litre – NNPC Boss, Kyari / Fuel Will Continue To Sell For N145 Per Litre-NNPC / Under-recovery: Fuel Subsidy Drops To N20 Per Litre — NNPC (2) (3) (4)

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‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by 4wardgospel: 12:54am On Aug 10, 2021
‘PRICE OF PETROL SHOULD BE N256 PER LITRE’-NNPC BOSS, KYARI


The Nigerian National Petroleum Corporation, NNPC, has said the cost of Premium Motor Spirit, PMS, in the country should be N256 per liter. Mele Kyari, Group Managing Director, GMD, of NNPC, disclosed this while appearing on Channels Television yesterday. Kyari noted that there is nowhere in the world where Diesel sells more than petrol. The […]
The Nigerian National Petroleum Corporation, NNPC, has said the cost of Premium Motor Spirit, PMS, in the country should be N256 per liter.

Mele Kyari, Group Managing Director, GMD, of NNPC, disclosed this while appearing on Channels Television yesterday.

Kyari noted that there is nowhere in the world where Diesel sells more than petrol.

The NNPC boss stated that the petrol pump price is meant to reflect the current crude oil price which stands at $74.40 per barrel at the international market.


Mele Kyari

He said: “Today we are paying N162/liter (for petrol). I am sure many people buy AGO (Diesel) in the market and it is selling at N280/liter in the Market today.

“So (there is) nowhere in the world diesel sells more expensive than PMS. That means that the price of petrol anywhere in the world, assuming you are going to sell it at the market, you are going to sell it above that price you have seen.

“Today, from what I can remember, I checked the number two days ago; what would we sell if we are at the filling station today and recover our cost fully is around N256/liter.”


Kyari also disclosed that the government was negotiating with the Nigerian Labour Congress (NLC) over the cost of petrol.

Meanwhile, Kyari had stated that the inability to find a suitable price for petrol is responsible for the continued subsidy scheme.

The NNPC is presently the only official importer of petroleum products into Nigeria.

Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by ChiefSosa(m): 12:57am On Aug 10, 2021
Another Kyari is here.

1 Like 2 Shares

Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by Ekpeitut: 1:06am On Aug 10, 2021
Hmm
Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by Freestainworld(m): 1:08am On Aug 10, 2021
That 256 will kill him

2 Likes

Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by LokoH(m): 1:22am On Aug 10, 2021
Kyari no dey favour us in this corn tree

1 Like

Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by Finnese001: 1:25am On Aug 10, 2021
LokoH:
Kyari no dey favour us in this corn tree

Ekpeitut:
Hmm


cheesy cheesy grin
Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by Khaliphragnar(m): 1:26am On Aug 10, 2021
The NNPC is presently the only official importer of petroleum products into Nigeria.[/quote]

Lobatan
Re: ‘price Of Petrol Should Be N256 Per Litre’-nnpc Boss, Kyari by hisgrace090: 2:17am On Aug 10, 2021
Who unleashed all this kyari to us?

1 Like

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