Government may increase fuel price as NNPC says N145 not sustainable

Government may increase fuel price as 

NNPC says N145 not sustainable  

Image result for FUEL SELLER PICTURES
The Nigerian National Petroleum Corporation, NNPC, has said it can no longer sustain the sale of petrol at N145 per litre.

The Group General Manager, Crude Oil Marketing of the NNPC, Mele Kyari, said that with the current price of foreign exchange, it is no longer feasible selling petrol at N145 per litre.
The NNPC official told newsmen at this year’s Oil Trading and Logistics Expo, holding in Lagos that “We have a very difficult business environment. It is impossible today to import products at the current market price, at current fixed foreign exchange rate.
Nigerians should therefore be ready for the new price. 

Comments

Ad by google 1

WELCOME TO JOHNNYBILITY. .......................Do You want to place your Ads on this Blog? ..........,....................contact Us: Call,Text/WhatsApp ..... 07032330424. ......Email: johnnybility@gmail.com

Even More Stories

Google ads oo5

Top Stories

Breaking News: Cult members take over Jeddo Community in Delta state - JBN

JOBS: URGENT OPENINGS - AUSTRALIA

TOP WEBSITES TO DOWNLOAD MOVIES & TV SERIES

FALZ OF LASU as LASUSU SOCIAL DIRECTOR.f

JOB VACANCIES IN SINGAPORE

MORE WOMEN PROTEST FOR LACK OF MEN TO MAKE THEM PREGNANT - JBN

VIDEO: Nothing Will Change Unless YOU Change - Motivational Video

SEE WHAT YOU NEED TO KNOW ABOUT THE MONKEYPOX OUTBREAK.

Breaking: Monkey pox hits Lagos, two cases recorded - johnnybility

Gov. Ayo Fayose has the heart of a warrior and a lion – Fani Kayode