Home Business Oil & Gas NNPC boss to protesters: We’re not responsible for fuel price hike

NNPC boss to protesters: We’re not responsible for fuel price hike

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NNPC Limited (NNPCL) has stated that its Group Chief Executive Officer (GCEO), Mallam Mele Kyari is not responsible for the hike in the prices of the Premium Motor Spirit (PMS), popularly known as petrol.

On Tuesday, some protesters stormed Abuja headquarters of the oil giant, demanding Kyari’s resignation over the increase in the prices of petrol nationwide.

Reacting to the development, NNPCL’s spokesman, Mr. Olufemi Soneye said that the protesters were not well informed about the true state of things in Nigeria’s fuel supply chain.

In a chat with Breezy NewsNG, Soneye said: “Unfortunately, the protesters lack understanding of the sector. If they were informed, they would know that the GCEO is not responsible for the fuel price increase. In fact, he ensured Nigerians had access to fuel at N620 per litre for over a year, even when the landing cost was above N1,100. NNPC Limited does not import adulterated fuel. If anyone has evidence to the contrary, they should bring forward samples of any such fuel imported by NNPCL”.

He added that no group or individuals motivated by selfish interests would deter or distract NNPCL from achieving the goal of implementing President Bola Tinubu’s roadmap for the sector to accomplish to ensure energy security for our nation.

“I won’t waste time engaging with individuals motivated by selfish interests. We have more pressing projects to accomplish to ensure energy security for our nation rather than focusing on inconsequential groups. We are committed to implementing President Bola Ahmed Tinubu’s roadmap for the sector, and no group will deter or distract us from achieving this goal”, he further said.

Led by some civil society organisations, the protesters called for Kyari’s sack, citing skyrocketing fuel prices.

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