• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, May 15, 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

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
“Hands Off Tantita”: Itsekiri Coordinators Back Tinubu, Knock ‘Fake Leaders’ Over Contract Row
Oil and Gas

“Hands Off Tantita”: Itsekiri Coordinators Back Tinubu, Knock ‘Fake Leaders’ Over Contract Row

April 2, 2026
“Keep Tantita Running” — Delta Monarchs Urge Tinubu to Expand Pipeline Contract
Oil and Gas

“Keep Tantita Running” — Delta Monarchs Urge Tinubu to Expand Pipeline Contract

March 30, 2026
Next Post
New Naira notes go into circulation today

New Naira Notes and CBN Jan. 31 deadline

Leave Comment

RECENT STORIES

Human Rights Activist Backs Obi of Ogwashi-Uku as Wong Box Remains in Federal Custody

Human Rights Activist Backs Obi of Ogwashi-Uku as Wong Box Remains in Federal Custody

May 15, 2026
“I Represent Unity” — Mulade Enters Warri Reps Race Under NDC

“I Represent Unity” — Mulade Enters Warri Reps Race Under NDC

May 15, 2026
“No Vacancy in 2027”: Delta North Rallies Massive Support for Ned Nwoko Ahead of APC Primaries

“No Vacancy in 2027”: Delta North Rallies Massive Support for Ned Nwoko Ahead of APC Primaries

May 15, 2026
How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

May 14, 2026
Unenurhie people in Ughelli North reject conduct of election, say process violates community constitution

Warri Crowd Foils Alleged Child Theft as Police Rescue Toddler Hidden in Sack

May 14, 2026

TRENDING STORIES

  • How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

    How Delta Bishop Was Allegedly Killed By Trusted Driver Over Prado Jeep

    0 shares
    Share 0 Tweet 0
  • Ominimini Dumps APC, Questions Fairness of Future Primaries in Delta

    0 shares
    Share 0 Tweet 0
  • APC Clears 46, Disqualifies 36 Delta Assembly Aspirants Over Alleged Bribery, Certificate Discrepancies

    0 shares
    Share 0 Tweet 0
  • Federal High Court Remands ‘Wong Box’ Victor Ojei Over Alleged Cyberbullying of Obi of Ogwashi-Uku

    0 shares
    Share 0 Tweet 0
  • Delta Police Smash Church Robbery Syndicate, Recover Looted Equipment Worth Millions

    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.