FG Denies Increasing Petrol Price The Federal Government has denied any increase in the pump price of Premium Motor Spirit, popularly known as petrol, despite the hike in the cost of the commodity across the country. The Minister of State for Petroleum Resources, Chief Timipre Sylva, in a statement said President Muhammadu Buhari had not
FG Denies Increasing Petrol Price
The Federal Government has denied any increase in the pump price of Premium Motor Spirit, popularly known as petrol, despite the hike in the cost of the commodity across the country.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, in a statement said President Muhammadu Buhari had not approved any price increase for petrol.
The minister added that the government will not approve any increase of PMS secretly without due consultation with the relevant stakeholders.
The President has not directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority or any agency for that matter to increase the price of fuel.
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