The Nigeria President Muhammadu Buhari and the Minister of States for Petroleum, Timipre Sylva has rejected the increase in the price of petrol as announced earlier by the Petroleum Products Pricing Agency (PPPRA). Recall that after the Nigerian National Petroleum Corporation restated that the price of petrol has not been increased following an outcry the report incited, the Petroleum Products Pricing Agency deleted the post from its website.
In a statement released later on Friday 13th March 2021, Timipre Sylva averred that neither he nor President Muhammadu Buhari who is the Minister of Petroleum Resources have approved that the pump price of petrol be increased by one naira.
He however apologized to Nigerians for the distress and inconvenience the unfortunate information might have caused them.
The statement read;
Dear fellow Nigerians, you are by now very aware of the news trending that the federal government has increased the price of petrol to N212.6 per liter. Irrespective of the source of that information, I want to assure you that it is completely untrue. Neither Mr. President who is the Minister of Petroleum Resources, nor my humble self who assist him as the Minister of State for Petroleum has approved that the pump price of petrol should be increased by one naira. I would therefore urge you to disregard this misleading information.
You are all aware that for the past few months the government has been in consultation with organized labour to find the least painful option to respond to the global rise in the price of crude, which in turn has inevitably led to increase in the price of PMS. It is unthinkable that government would unilaterally abandon these discussions and act in the manner suggested by the information under reference.
Cynicism and deceit has never been the trademark of the administration of President Muhammadu Buhari. I would like to equally assure you that the engagement with organized labour and other stakeholders will continue even as the calculations to arrive at a reasonable price are being deliberated. I assure you in good faith that you will be informed of the final outcome at the appropriate time. Until then, all marketers are strongly advised to maintain the current pump price of PMS before the emergence of this unfortunate information.
Those who may want to take advantage of this unfortunate misinformation to extort Nigerians should not give in to such temptation as there are regulatory mechanisms that government can enforce to protect its citizens.
In conclusion, I want to sincerely apologise to all Nigerians for any distress and inconvenience this unfortunate information might have caused.
A Journalist Has Leaked An Audio Tape That Confirmed That President Buhari Is Dead
Nollywood Actress Ada Ameh In Tears As She Lost Her Only Child
President Buhari Finally Address The Nation Saying SARS Will Not End
Meet Actress Ruth Kadiri Younger Sister Who Is A Nollywood Movie Producer
Ahmed Tinubu Has Gone For Exile After Committing Genocide | Properties Worth Millions Destroyed
Meet The Fast Rising Nollywood Actress That Is More Beautiful Than Regina Daniels
Ned Nwoko Bought A N24 Million Wrist Watch For Regina Daniels | Lai Mohammed Order Nigerians
End SARS: Yul Edochie Led Mass Protest | Osinbajo Blame Nigerian Govt | Buhari Visit Nigerian Senate
Meet The Mother And Sister Of Nollywood Actor Uchemba Williams
Meet The Mother Of Nollywood Actor Somadina Adinma
Meet Nollywood Actor Zubby Michael Parents and Siblings
Nollywood Actress Uju Okoli Shares Lovely Photos Of Her Traditional Marriage
Donald Trump Has Been Sentenced to Death by Yemen Court for Alleged War Crimes
Tiwa Savage, Falz, Runtown And Other Celebrities Lead #EndSARS Protest
Chacha Eke Finally Revealed That She Is Suffering From Bipolar Disorder
Lil Frosh Girlfriend Finally Speaks After Davido Terminated Lil Frosh Contract
Regina Daniels Mum Rita Daniels Receives Chieftaincy Title In Delta State
Meet Mr Ibu Only Daughter That Looks Like Him
Actress Chacha Eke Finally Quit Her 7 Years Marriage
The Sad Truth Why Nollywood Actress Rita Dominic Isn't Married
Laycon Wins 2020 Big Brother Naija Season 5
Meet The Nollywood Beautiful Actress Who Lost One Of Her Legs
The Sad Truth Why Nollywood Actor Frederick Leonard Isn't Married
Regina Daniels Billionaire Husband Ned Nwoko Denies Dating Chika Ike
The Sad Truth Why Nollywood Actor Osita Iheme Isn't Married
I Am Not Ready To Be Ned Nwoko 7th Wife Chika Ike Blast Haters
Hushpuppi Might Be Sentenced To Death As New Evidence Confirmed He Is Guilty
Regina Daniels Finally Reveals Why She Married Ned Nwoko
Regina Daniels Mum In Love Set To Marry After Being Engaged By A Secret Man
Meet Actress Rita Edochie First Son Who Is Also A Nollywood Actor
What Happened To Nollywood Actor Zubby Michael?
Black Panther Star Actor Chadwick Boseman Dies of Cancer At Age 43
BBNaija: Kiddwaya Breaks Up With Erica | Laycon Finally Kiss Erica | Nengi Begs Ozo
2Face Acquires A Farm Land | Daddy Freeze Claimed Christ is a Woman | Kiddwaya’s Mom Begs in Tears
Regina Daniels Quit Acting As Ned Opens A Multi-Million Boutique For Her
Evans Who Made His Billions From Kidnapping Has Finally Been Sentenced To Death
I Will Like To Marry An Old Rich Man - Destiny Etiko Says As She Celebrates Her 31st Birthday
Regina Daniels Ex Somadina Buys A New Mansion In Lagos Worth Over $1 Million
Omotola Jalade Ekeinde Has Tested Positive To COVID-19
Regina Daniels Breaks Our Oath – I Disvirgined Her – Ex-lover Somadina Blast Ned Nwoko
Ned Nwoko Attempts To Arrest Regina Daniels Ex For Leaking Out Hidden Secrets About Regina Daniels
What Is Actually Wrong With Nollywood Comic Actor John Okafor AKA Mr Ibu
My Husband Abandoned Me and My Daughters Because We Have Blue Eyes - Risikat Narrate Her Ordeal
Watch Out the Flamboyant Lifestyle of BBNaija Kiddwaya Billionaire Dad Terrywaya
Ned Nwoko is Not the Father of Regina Daniels Baby | Ex-Boyfriend Exposes The Untold Truth
What Happened To Nollywood Actor Yul Edochie?
10 Nollywood Actresses That Can Dance Very Well
10 Nollywood Actors That Can Dance Very Well
Somadina Adinma Reveal How Ned Nwoko Stole Regina Daniels From Him
Hushpuppi Destroy His Nigerian Passport & Denounces His Nigerian Citizenship
Austine Ikeru is a Professional Blogger, YouTuber, Entrepreneur and the CEO of Austine Media. He is a graduate of Mass Communication from Enugu State University of Science and Technology. In this blog he profile biography, news and top list compilations. You can follow him on Facebook, Twitter and Instagram