Federal Government Clarifies: No Order for NNPCL To Charge N1000 Per Litre For FuelThe Federal Government has dismissed reports suggesting that the Ministry of Petroleum directed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at N1000 per litre, which is above the approved pump price....READ THE FULL ARTICLE HERE ▶▶
In a statement released on Tuesday, September 3, Nneamaka Okafor, Special Adviser to the Minister of State for Petroleum, denounced the reports as fabricated and intended to create discord and confusion within the oil industry.
Okafor clarified, “At no point has the Federal Government interfered with petroleum pricing at NNPCL, nor has it issued any directives for a price increase.”
She continued, “The Federal Government feels compelled to address the misinformation circulating on social media, falsely alleging that Senator Heineken Lokpobiri, the Honourable Minister for Petroleum Resources, has instructed NNPCL to raise fuel prices beyond the approved rate.”
The statement condemned the claims as unfounded and malicious, aimed at stirring public unrest. Okafor urged anyone with evidence supporting these allegations—whether written documents, audio, or video recordings—to present it publicly.
“The claim is entirely false and appears to be a deliberate attempt to mislead the public,” she said. “NNPCL operates independently under the Companies and Allied Matters Act (CAMA) with a fully empowered Board of Directors. The Ministry of Petroleum Resources does not and will not interfere in NNPCL’s internal decisions, including pricing.”
She added that Minister Lokpobiri had only discussed the challenges of combating fuel smuggling and pipeline vandalism. Lokpobiri noted, “Even if NNPC sells PMS to marketers at N600 or below, smuggling will persist. Regardless of the security measures, smuggling will continue due to the involvement of Nigerians in these activities.”
