NNPC Boss Frowns at Sale of Petrol Above Approved Price

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has denounced marketers who sell petrol (Premium Motor Spirit) above the approved price of N145 per liter.

Speaking during “NNPC Day” at the 29th Enugu International Trade Fair, the corporation’s boss said there was no reason for anyone to sell above the approved price, as President Muhammadu Buhari’s directive that the product be sold to marketers at N133.38k had been complied with.

Dr. Baru noted that the scarcity experienced recently across the country was an artificial one created by marketers, adding that the impact was worse in the South-East

“Appeal to your members to extend this goodwill to the people by selling within N145 per litre. If they complain that it is because of transportation, I have reports that marketers in Maiduguri are selling at N141 per litre and they are lifting either from Calabar or Port Harcourt. So, somebody here cannot complain,” he told leaders of the region.

 

Dr. Baru – NNPC GMD

He urged the public to report any marketer selling above pump price to the Department of Petroleum Resources (DPR) nearest to them.

On the 29th Enugu International Trade Fair, Dr. Baru said that NNPC was glad to be part of the fair after long years of its absence.

Earlier in a welcome address, the president of the Enugu Chamber of Commerce, Industries, Mines and Agriculture (ECCIMA), Sir Emeka Udeze, said they were glad to have the NNPC’s chief executive at the event.

He further expressed optimism that the lessons learnt from the last fuel crisis which caused an untold hardship on Nigerians will help in reducing the volatility in the supply chain in the oil industry.

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