• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, June 7, 2026
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Oil and Gas

FG refutes Buhari’s approval of hike in fuel price

by NewsNet Nigeria
3 years ago
in Oil and Gas
I gave backing to CBN to redesign the naira – Buhari
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Nigerian Government has debunked report that President Muhammadu Buhari has approved increase in price of Petroleum Motor Spirit (PMS).

The Minister of State for Petroleum Resources, Timipre Sylva, in a statement issued by his media aide, Horatius Egua, in Abuja on Friday, said Buhari has not approved any increase in the price of PMS or any other petroleum product for that matter.

He said there was no reason for the president to renege on his earlier promise not to approve any increase in the price of PMS at this time.

According to him, Buhari is sensitive to the plight of the ordinary Nigerian and had said repeatedly that he understood the challenges of the ordinary Nigerian and would not want to cause untold hardship for the electorate.

Sylva stated that the government would not approve any increase of PMS secretly without due consultations with the relevant stakeholders.

He added that the president had not directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority or any agency for that matter to increase the price of fuel.

Sylva said this was not the time for any increase in pump price of PMS.

He appealed to Nigerians to remain calm and law-abiding as the government was working hard to bring normalcy to fuel supply and distribution in the country. (PMNEWS)

Previous Post

Supreme Court upholds Akpabio’s senatorial candidacy

Next Post

New Naira Notes and CBN Jan. 31 deadline

MORE NEWS

“We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension
Oil and Gas

“We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension

June 4, 2026
Oborevwori Extends DESOPADEC Board Tenure as Nani Expresses Gratitude for Fresh Mandate, Pledges Greater Service to Oil-Bearing Communities
Oil and Gas

Oborevwori Extends DESOPADEC Board Tenure as Nani Expresses Gratitude for Fresh Mandate, Pledges Greater Service to Oil-Bearing Communities

May 26, 2026
Harnessing the Nigerian Paradox: From Potential To Productivity
Economy

Harnessing the Nigerian Paradox: From Potential To Productivity

May 2, 2026
At NASS Roundtable, Pondi Says: “We Protect With the People” as Nigeria’s Oil Output Rebounds
Oil and Gas

At NASS Roundtable, Pondi Says: “We Protect With the People” as Nigeria’s Oil Output Rebounds

April 9, 2026
Next Post
New Naira notes go into circulation today

New Naira Notes and CBN Jan. 31 deadline

Leave Comment

RECENT STORIES

Oborevwori Celebrates Orubebe at 67, Ferguson Onwo, Pastor Ojo at 60

Oborevwori Celebrates Orubebe at 67, Ferguson Onwo, Pastor Ojo at 60

June 6, 2026
Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

June 5, 2026
Mulade Urges Oborevwori to Prioritise Riverine Communities in Delta’s Development Agenda

Mulade Urges Oborevwori to Prioritise Riverine Communities in Delta’s Development Agenda

June 5, 2026
Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

June 5, 2026
“We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension

“We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension

June 4, 2026

TRENDING STORIES

  • Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

    Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

    0 shares
    Share 0 Tweet 0
  • Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

    0 shares
    Share 0 Tweet 0
  • Oyo Schools Shut as NUT Declares Indefinite Strike Over Abducted Teachers, Pupils

    0 shares
    Share 0 Tweet 0
  • “We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension

    0 shares
    Share 0 Tweet 0
  • What Wike Said About Tonye Cole May Deepen an Old Rivers Political Feud

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.