HAUSA NEWS
YORUBA NEWS
IGBO NEWS

POPULAR THIS WEEK

BREAKING

BREAKING: Police Exhume Mohbad’s Corpse, Nurse Arrested

September 21, 2023
FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Wednesday, September 27, 2023
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

Petrol: No increase in ex-depot price in May – NNPC

Adejayan Gbenga Gsong by Adejayan Gbenga Gsong
April 19, 2021
in National
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter

The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex-depot price of Premium Motor spirit also known as petrol in May.

The Group Managing Director, Malam Mele Kyari, made this known at the end of a closed door meeting with Petroleum Transport Drivers (PTD), National Association of Road Transporters Owners (NARTO) and oil marketers in Abuja on Monday.

Ex-depot price is the price marketers buy products from depot owners; it determines the pump price at filling stations.

He said: “We want to inform oil marketing companies that NNPC will not increase the pump price of PMS in May.

READ ALSO

BREAKING: Wike Sacks Heads Of Agencies, Parastatals

Prophet Fufeyin gives N10m scholarship to late MohBad’s son

Red Rail line: Sanwo-Olu Orders Contractor To Deliver Project December

Umahi warns expatriate contractors against substandard jobs

“I am giving the assurance and I ask Nigerians to go about their normal businesses; we have over 20 billion litres of petrol in our custody.

“Many of you are aware of this and with the assurance with tanker drivers and NUPENG, there is no need for panic buying of the product.

“Petrol will be available in all the depots in the country including NNPC dispatched depot across the country, so nobody should panic in buying the product,” he said.

On the strike by PTD, he said the strike was associated with NARTO’s inability to increase their compensation which was not resolved last week.

“We have given commitment to both NARTO and PTD that we will resolve the issue within a week and come back to the table to have a total closure on the issue.

“We also have a robust engagement with our oil marketing partners in respect of increase in the volume product that is check in the Nigerian market.

“We have agreed to work jointly with all the security agencies to contain any possible infractions seen in our borders.

“We will work as a team to curtail this fraudulent practice with the help of the security agencies,” he added.

He added that the meeting also discussed issues on payment by Petroleum Equalisation Fund (PEF) to oil marketing companies.

He said that all stakeholders agreed in making PMS available to marketers.

Discussion about this post

ADVERTISEMENT

LATEST

BREAKING: Wike Sacks Heads Of Agencies, Parastatals

September 27, 2023

BREAKING: Eze Ndigbo Of Ibadanland Passes Away

September 27, 2023

Soldier brutalises policeman at Lagos college for breaking glass

September 27, 2023

Prophet Fufeyin gives N10m scholarship to late MohBad’s son

September 27, 2023

Red Rail line: Sanwo-Olu Orders Contractor To Deliver Project December

September 27, 2023

Delta police chase 17-year-old boy to death

September 27, 2023
Load More
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In