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FG Apologises Over PPPRA’s Fuel Price Template Saga

The Federal Government has apologized to Nigerians over the confusion triggered by the latest petrol price template of N212.6 per litre released on Thursday by the Petroleum Products Pricing Regulatory Agency (PPPRA).

The Minister of State for Petroleum Resources, Mr. Timipreye Sylva, who tendered the government’ss apology, explained that template was a mix-up and urged Nigerians to disregard the purported fuel price increase.

He clarified: “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 deputise for him as Minister of State, has approved that the pump price of petrol should be increased by one naira. I would therefore urge you to disregard this misleading information.”

The minister pointed to recent consultations between the government and the 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 govt would unilaterally abandon these discussions and act in the manner suggested by the information under reference”, he stressed

Sylva, therefore, apologised to all Nigerians for any inconvenience the unfortunate information might have caused them

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