The Minister of State for Petroleum Resources, Chief Timpre Sylva, has said that the pump price of petrol will be sold at N184 per litre.
The Minister of state announced this in Lagos Friday when he monitored the supply and compliance of oil marketers.
He held that the government had taken bold steps toward enhancing the supply of the product nationwide.
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Sylva told reporters after the tour that an interministerial intervention initiated by the Federal Government had set out to ensure proper management of petrol distribution across the nation.
He stated:
“The situation is pleasant because I observed the availability of the product in the state. Petrol is everywhere both in Lagos and Abuja. I visited many stations in Ikeja and the mainland and from every indication, there is product everywhere. I want to assure Nigerians that the queues will disappear in a matter of days.
“The situation which we witness in Lagos has been achieved in 15 states across the country. The President has ordered that queues must be cleared immediately.”
He further said:
“I have already directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to upscale its regulatory activities to ensure marketers abide by current price regime.
“The Nigerian National Petroleum Company Limited, NNPCL, retail outlets are selling At N184 per liter and over 900 outlets operated by the company is selling at that price and that is the official price everybody is expected to sell.”
Commenting on the previous shortage of petrol, he explained that the government did not see it coming.
He blamed the hike on those who did not mean well for the country and took advantage of the upcoming elections to create disruption and panic.
