{"id":82890,"date":"2021-06-29T11:59:27","date_gmt":"2021-06-29T10:59:27","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=82890"},"modified":"2021-06-29T11:59:27","modified_gmt":"2021-06-29T10:59:27","slug":"nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\/","title":{"rendered":"NNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019"},"content":{"rendered":"
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The Nigerian National Petroleum Corporation (NNPC) has said there was no plan to increase the official pump price of Premium Motor Spirit (PMS), otherwise known as petrol, from N162 in July.<\/div>\n
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\nGroup Managing Director (GMD) of NNPC, Malam Mele Kyari stated this on Tuesday during a programme on Channels Television.<\/p>\n

He, however, noted that engagements were still ongoing with the Organised Labour to arrive at the appropriate price of the petroleum product, stating that until both parties arrive at a conclusion, the current price remains.<\/p>\n

According to him, President Muhammadu Buhari instructed the corporation not to make petrol price out of reach of Nigerians, \u201cespecially at this moment\u201d.<\/p>\n

\u201cWhat this means, however, is that we are taking out cash that could have been used for other things to pay under-recovery\u201d, he said.<\/p>\n

He revealed that Dangote refinery being constructed in Lagos State would commence operation this year.<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Nigerian National Petroleum Corporation (NNPC) has said there was no plan to increase the official pump price of Premium Motor Spirit (PMS), otherwise known as petrol, from N162 in…<\/p>\n","protected":false},"author":1,"featured_media":67563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-82890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\nNNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019 - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019 - 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