The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has assured Nigerians that there will be no increase in the price of petrol in May.
Kyari made this known at the end of a closed-door meeting held with the National Association of Road Transport Owners (NARTO) and Petroleum Tanker Drivers (PTD) on Monday.
Speaking on the proposed strike by PTD, Kyari said the strike was associated with the National Association of Road Transporters Owners (NARTO) inability to increase their compensation which was not resolved last week.
He said, “We have given commitment to both NARTO and PTD that we will resolve the issue within a week and come back to the table to have a total closure on the issue.
“We also have a robust engagement with our oil marketing partners in respect of increase in the volume product that is check in the Nigerian market.
“We have agreed to work jointly with all the security agencies to contain any possible infractions seen in our borders.
“We will work as a team to curtail this fraudulent practice with the help of the security agencies.”
Meanwhile, many fuel stations within some parts of Abuja like the Katampe axis had locked up. It was also observed that people were selling fuel in Jerry cans which is also known as ‘black market’ sales.
Reacting to this, Kyari said, “We want to inform oil marketing companies that NNPC will not increase the pump price of PMS in May.
“I am giving the assurance and I ask Nigerians to go about their normal businesses; we have over 20 billion litres of petrol in our custody.
“Many of you are aware of this and with the assurance with tanker drivers and NUPENG, there is no need for panic buying of the product.
“Petrol will be available in all the depots in the country including NNPC dispatched depot across the country, so nobody should panic in buying the product.”
