{"id":45874,"date":"2021-06-29T14:50:32","date_gmt":"2021-06-29T13:50:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=45874"},"modified":"2021-06-29T13:58:12","modified_gmt":"2021-06-29T12:58:12","slug":"nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/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":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>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.<\/p>\n

Group 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>\n

Civil society groups decry loss in crude oil production, calls for metering of oil pumped<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. 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. Group Managing Director (GMD) of NNPC, Malam Mele Kyari stated this on Tuesday during a programme on Channels Television. He, however, […]<\/p>\n","protected":false},"author":84,"featured_media":45873,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28,26],"tags":[1570,2140,3021,254,434],"class_list":["post-45874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-fuel-price","tag-nigeria","tag-nnpc"],"yoast_head":"\nNNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019 - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has said there was no plan to increase the official pump price of Pre ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/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\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has said there was no plan to increase the official pump price of Pre ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-29T13:50:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/06\/img-60db18a9aa738.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019\",\"datePublished\":\"2021-06-29T13:50:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\"},\"wordCount\":178,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/06\/img-60db18a9aa738.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"fuel price\",\"Nigeria\",\"NNPC\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nnpc-discloses-when-it-will-increase-fuel-price-makes-clarifications-on-july-increment\",\"name\":\"NNPC discloses when it will increase fuel price, makes clarifications on \u2018July increment\u2019 - 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