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Disregard Rumour Of Impending Hike In Petrol Price - NNPC - Politics - Nairaland

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The Timeline Of Petrol Price Increments In Nigeria / No Plans To Increase Fuel Price - NNPC Says / No Plans To Increase Petrol Price - NNPC (2) (3) (4)

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Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Ravon: 8:15pm On Jul 11
The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of a planned hike in the pump price of Premium Motor Spirit, popularly known as petrol.

It explained that the statement of the corporation’s Group Managing Director, Mele Kyari, at the National Assembly on Wednesday did not suggest any plan to increase the price of the white product.

NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, clarified that what the NNPC GMD stated during his engagement with the Senate President, Senator Ahmed Lawan, was that the price of petrol was abysmally low in Nigeria compared to what obtained in neighbouring West African countries.

Ughamadu noted that Kyari had observed at the event that the huge disparity in the pump price of petrol between Nigeria on the one hand and her neighbouring countries, on the other hand, tended to encourage cross-border smuggling

This, according to Ughamadu, was why the NNPC boss sought the support of the leadership of the National Assembly to curb the malaise of smuggling.

The oil firm advised Nigerians to disregard the insinuation of a planned hike in the price of petrol by NNPC.

It stated that statutorily NNPC was not even in a position to regulate the price of petroleum products, adding that the corporation’s role as an operator must be differentiated from that of any of the industry regulators.

Ughamadu stated that as directed by relevant agencies of government, the pump price of petrol remains N145 per litre.

NNPC cautioned petroleum products’ marketers not to sell petrol above N145 per litre following the disclaimed rumour.

It advised Nigerians to remain vigilant and volunteer information to the Department of Petroleum Resources, the industry regulator, or to any law enforcement agency around them, on any station which sells petrol beyond N145 per litre.

SOURCE: https://brandspurng.com/2019/07/11/disregard-rumour-of-impending-hike-in-petrol-price-nnpc/

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Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bolustical: 8:19pm On Jul 11
Journalism has so gone to the dogs that you need to wait for 72 hours before authenticating any news.

Even mainstream press now source news from tweeps.

16 Likes 3 Shares

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Tolexander: 8:24pm On Jul 11
Bolustical:
Journalism has so gone to the dogs that you need to wait for 72 hours before authenticating any news.

Even mainstream press now source news from tweeps.
that is the problem with our journalism of recent.

But we can’t take away the fact that issues like this first come out like a rumour before appearing as reality.

In every rumor, there is always an element of truth

9 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bolustical: 8:26pm On Jul 11
Tolexander:
that is the problem with our journalism of recent.

But we can’t take away the fact that issues like this first come out like a rumour before appearing as reality.

In every rumor, there is always an element of truth
You mean like Apostle Suleiman rumour of Fulanization of the passport as seen today?

9 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Racoon(m): 8:29pm On Jul 11
Believe this govt filled with pathologic liars and add to your stupidity.

14 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Racoon(m): 8:30pm On Jul 11
Bolustical:

You mean like Apostle Suleiman rumour of Fulanization of the passport as seen today?

7 Likes 1 Share

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bolustical: 8:32pm On Jul 11
Racoon:
Believe this govt filled with pathologic liars and add to your stupidity.
NNPC has increased fuel pump price to 445 per liter.

Are you fine now?

8 Likes 1 Share

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Tolexander: 8:32pm On Jul 11
Bolustical:

You mean like Apostle Suleiman rumour of Fulanization of the passport as seen today?
What apostle Suleman did today isn’t a rumor but only using the reality to mislead the public.
Surely, we both know that there is a page having the Fulani man rearing cattle. That is a fact and reality.
All zones are duly represented, he closed his eyes on that fact

But Apostle Suleman’s motive was to use the reality to mislead the public, which was absolutely wrong.

Something one could call selective appeal to people ‘s emotion

6 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:33pm On Jul 11
Fraudulent administration of rogues & professional liars

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Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bolustical: 8:33pm On Jul 11
Tolexander:
What apostle Suleman did today isn’t a rumor but only using the reality to mislead the public.
Surely, we both know that there is a page having the Fulani man rearing cattle. That is a fact and reality.
All zones are duly represented, he closed his eyes on that fact

But Apostle Suleman’s motive was to use the reality to mislead the public, which was absolutely wrong.

Something one could call selective appeal to people ‘s emotion
If it isn't a rumour, why then delete it?

5 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Nobody: 8:34pm On Jul 11
NNPC has no choice

Either we start finding 70 extra dollars per barrel of crude we sell, or we keep taking loans...

Because unless someone has a secret magical goose that lays eggs worth 7 trillion naira apiece every week, I doubt Nigeria can keep on subsidising fuel at 145 per liter.

Unless someone can convince me that donating 2 trillion naira annually to a group of corrupt cabals in return for zero investment in our downs stream sector is a good idea of economic policy, subsidy or under recovery has to go.

Unless someone is telling me that price controls, which I learned in economics is bad for economies is somehow good.... Which means also that black is now red and white is now green...

Oil subsidy must go. Yes, we will suffer. Until the benefits kick in

3 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:35pm On Jul 11
Telkart19:
NNPC has no choice

Either we start finding 70 extra dollars per barrel of crude we sell, or we keep taking loans...

Because unless someone has a secret magical goose that lays eggs worth 7 trillion naira apiece every week, I doubt Nigeria can keep on subsidising fuel at 145 per liter.

Unless someone can convince me that donating 2 trillion naira annually to a group of corrupt cabals in return for zero investment in our downs stream sector is a good idea of economic policy, subsidy or under recovery has to go.

Unless someone is telling me that price controls, which I learned in economics is bad for economies is somehow good.... Which means also that black is now red and white is now green...

Oil subsidy must go. Yes, we will suffer. Until the benefits kick in

Nothing like OIL SUBSIDY is a FRAUD. - Buhary

4 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Nobody: 8:36pm On Jul 11
Firefire:


Nothing like OIL SUBSIDY is a FRAUD. - Buhary

If you believed Buhari then, then you don't know how subsidy works.

1 Like

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:39pm On Jul 11
Telkart19:


If you believed Buhari then, then you don't know how subsidy works.


St. Buhary said nothin like fuel subsidy.

3 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bolustical: 8:40pm On Jul 11
ok
Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Nobody: 8:40pm On Jul 11
Firefire:


St. Buhary said nothin like fuel subsidy.

Sorry you believed him.

As for me, so long as government sets the price, there is a subsidy
Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:42pm On Jul 11
Telkart19:


Sorry you believed him.

As for me, so long as government sets the price, there is a subsidy


Only Zombies believed the fraudulent element.

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Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:42pm On Jul 11
Bolustical:
ok

What is ok? Defend your stipends.

3 Likes 1 Share

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Firefire(m): 8:47pm On Jul 11
vedaxcool:
[/s]

[s]This one has not and may never recover from Jonathan's displacement from power, without Jonathan some will remain nothing, Athiefku will never come but continue being played like a fool.



One of the brainwashed element.

5 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Tolexander: 8:47pm On Jul 11
Bolustical:

If it isn't a rumour, why then delete it?
like you have deliberately forgotten what the meaning of a rumor is or you are feigning ignorance of the word “rumor”

2 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by J111333(m): 8:57pm On Jul 11
With this denial, Nigerians disregard the news of fuel price increase at your own peril.
This is exactly how they use the media to sample the tension such act will cause in the polity before doing it.

6 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by GrowYourSales(f): 10:58pm On Jul 11
Okay..noted
Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Chileads(m): 10:58pm On Jul 11
J
Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by samvega: 11:01pm On Jul 11
Sooner or Later.................
Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Bambarino: 11:04pm On Jul 11
It has had better be rumour o...because you heartless scums only care about yourself, you dont even care if Nigerians die in millions daily

1 Like

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by fineboynl: 11:06pm On Jul 11
the truth will comes out in due time. this was not the first time before several increments

1 Like

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by lexyman(m): 11:07pm On Jul 11
believe this at your own peril , the truth will be out in about six months ... grin grin grin Nigeria i hail thee

1 Like

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by cucumbae(m): 11:12pm On Jul 11
We know you want to increase fuel price and you will increase it.

1 Like

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by mkoabiola: 11:13pm On Jul 11
NA so them they start.
Bf d year runs out...Nigerians will knw d truth

2 Likes

Re: Disregard Rumour Of Impending Hike In Petrol Price - NNPC by Seenyo: 11:13pm On Jul 11
believe this satanic, irresponsible, insincere, poverty cultivating govt at your peril!

3 Likes

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