Oil & GasTop Story

Protest: Kyari not responsible for fuel price hike – NNPC Ltd

"Unfortunately, the protesters lack understanding of the sector. If they were informed, they would have known that the GCEO is not responsible for the fuel price increase. In fact, he ensured Nigerians had fuel at N620 per litre for over a year, even when the landing cost was above N1,100. NNPC Ltd. does not import adulterated fuel"

657

The Nigerian National Petroleum Company Limited (NNPCL) has come out strongly in defence of its Group Chief Executive Officer (GCEO), Mallam Mele Kyari, amid protests calling for his resignation over the hike in fuel prices.

The protesters, led by civil society organizations, stormed the NNPC Ltd. headquarters in Abuja, citing skyrocketing fuel prices, endless fuel queues, and economic hardship in Nigeria.

However, Mr. Olufemi Soneye, spokesman for NNPC Ltd., dismissed the protesters’ demands, stating that they lacked understanding of the sector.

Rather, Kyari ensured Nigerians had access to fuel at N620 per litre for over a year, despite landing costs exceeding N1,100, he said.

“Unfortunately, the protesters lack understanding of the sector. If they were informed, they would have known that the GCEO is not responsible for the fuel price increase.

“In fact, he ensured Nigerians had fuel at N620 per litre for over a year, even when the landing cost was above N1,100. NNPC Ltd. does not import adulterated fuel.

“If anyone has evidence to the contrary, they should bring forward samples of any such fuel imported by NNPC Ltd’s,” Soneye said.

Soneye stressed that the company won’t be distracted by “inconsequential groups” motivated by selfish interests.

“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,” the NNPC Ltd’s spokesman assured.

Leave a comment

Related Articles

Just in: FCT CP loses son in car accident

The Federal Capital Territory (FCT) Commissioner of Police, Tunji Disu, has reportedly...

NNPC Ltd Blames Economic Saboteurs for Buguma Wellhead Fire, Pledges to Combat Threat

The Nigerian National Petroleum Company Limited (NNPC Ltd) has pinpointed pipeline vandalism...

Just in: Nigerian Telecom Users to Pay More as NCC Approves 50% Tariff Hike

The Nigerian Communications Commission (NCC) has granted telecom operators’ request to adjust...

Breaking: Trump vows to halt illegal immigration

Donald Trump was inaugurated as the 47th President of the United States...

Nigeria’s Presidency Shrugs Off Badenoch’s Comments, Says No Impact on Relations

The Nigerian Presidency has dismissed comments made by UK Conservative Party leader,...

Breaking: Trump sworn in as 47th US President

In a dramatic return to power on Monday, Donald Trump took the...

VP Shettima for World Economic Forum in Davos

Vice President Kashim Shettima has departed Abuja to represent Nigeria at the...

NNPC Ltd laments loss of lives in Niger State petrol tanker explosion, offers condolences

The Nigerian National Petroleum Company Limited (NNPC Ltd) has extended its heartfelt...

Nigeria’s high-speed rail revolution: Work begins on $16 bln Abuja-Lagos line in February – Idris

The Federal Government is set to launch the highly anticipated Lagos-Abuja Super...

At least, 50 people are feared killed in Niger State fuel tanker explosion

No fewer than 50 people have lost their lives in a devastating...

Ex-First Lady dies in London

Former First Lady of Delta State and one-time Miss Nigeria, Mrs Edna...

Ogun farm murder: Under-30 mother of one fatally attacked gathering vegetables, others for market

A somber mood has settled over the rural community of Ilewo Orile...

Governors’ Forum Gets Presidential Kudos for Backing Sweeping Tax Reform Bills

President Bola Tinubu has expressed his appreciation to the Nigeria Governors’ Forum...

Fake job announcement for Port Harcourt Refinery: NNPCL sets the record straight

The Nigerian National Petroleum Company Limited (NNPC Ltd) has advised the public...

Autonomy: FG to disburse allocations directly to 774 councils by January – Presidency

Beginning from January 2025, the 774 local government councils across the country...

Pres. Tinubu’s diplomatic efforts yield fruit as UAE President accepts to visit Nigeria

In a major diplomatic achievement, President Bola Tinubu has secured a significant...

Ogun Gov. Abiodun Expresses Shock, Sadness Over Death of Onanuga, Reps Deputy Chief Whip

Grief-stricken Ogun Gov. Dapo Abiodun has described the passing of the late...

Tinubu Calls for Boost in Regional Trade to Drive African Growth

President Bola Tinubu has emphasized the importance of Africa focusing on internal...

Breaking: Lagos Speaker Obasa impeached

The Speaker of the Lagos State House of Assembly, Mr. Mudashiru Obasa,...

Ibadan Funfair Tragedy: Ooni’s Ex-Wife, Others to Face Murder Charges, Says Oyo Govt

The Oyo State Government has filed murder charges against three people including...