BREAKING: NNPC Says No Petrol Price Increase In July
The Nigerian National Petroleum Corporation (NNPC) has said the official price of a litre of Premium Motor Spirit (PMS), otherwise known as petrol, will remain N162 in July. It said engagements were still ongoing with the Organised Labour on the appropriate price of petrol. This is even as the crude oil price has hit $74.72 per barrel at the international market early Tuesday. But speaking on Channels TV’s Sun Rise programme on Tuesday, the Group Managing Director (GMD) of NNPC, Malam Mele Kyari, said until the conclusion of engagement with Labour, Nigerians would continue to buy petrol at N162 per…