The Nigerian National
Petroleum Corporation (NNPC) has debunked reports of a purported reduction in
the current pump price of petrol from N87 per litre to N57. A statement
signed by NNPC’s Group General Manger, Group Public Affairs Division, Mr Ohi Alegbe,
in Abuja on Monday described the report as false and misleading.
The
statement advised members of the public to ignore such tales, adding that the
price of petrol remained N87 per litre. It, however, said that a major
step to ensure zero fuel queues throughout the country ahead of the forthcoming
yuletide and beyond had begun off on Monday. It said that the steps were
between the Group Managing Director of the NNPC, Dr. Ibe Kachikwu and members
of the Major Oil Marketers Association of Nigeria (MOMAN) and the Depot and
Petroleum Products Association, (DAPPMA).