NNPCL Denies Fuel Price Hike During Petrol Scarcity Crisis
The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied claims of a fuel price increase to N1,000, calling the reports "baseless" and "malicious." According to Nnemaka Okafor, aide to the Minister of State for Oil and Gas, Heineken Lokpobiri, the government has not interfered with petrol pricing, and NNPCL operates independently under its Board of Directors. In this video, Oil and Gas Expert George Brown joins us to discuss the impact of these developments. We explore whether the Minister's statement was necessary, predict future price changes, examine the broader implications of rising fuel costs, and consider the National Labour Congress’s (NLC) reaction and potential actions.
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