• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, July 1, 2025
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
2 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

Pondi unveils Isoko Youth House, restates Tantita’s commitment to peace, development in Niger Delta
Oil and Gas

Pondi unveils Isoko Youth House, restates Tantita’s commitment to peace, development in Niger Delta

May 31, 2025
Udu LGA Coordinator of WIS South Security Ltd applauds efforts of Tinubu, Ogulari, Owo in securing oil facilities in Niger Delta
Oil and Gas

Udu LGA Coordinator of WIS South Security Ltd applauds efforts of Tinubu, Ogulari, Owo in securing oil facilities in Niger Delta

May 27, 2025
Oil Theft: Senator Nwoko leads Senate Cmte on high-level oversight mission to Rivers State
Oil and Gas

Oil Theft: Senator Nwoko leads Senate Cmte on high-level oversight mission to Rivers State

May 24, 2025
Senate Committee declares Nigeria’s crude oil theft crisis national emergency
Oil and Gas

Senate Committee declares Nigeria’s crude oil theft crisis national emergency

May 16, 2025
Next Post
New Naira notes go into circulation today

New Naira Notes and CBN Jan. 31 deadline

Leave Comment

RECENT STORIES

ANTI-OPEN GRAZING LAW: Delta Activist Mulade Laments Non-Implementation, Accuses Government of Lacking Political Will

ANTI-OPEN GRAZING LAW: Delta Activist Mulade Laments Non-Implementation, Accuses Government of Lacking Political Will

July 1, 2025
Public hearing on Senator Nwoko’s sponsored Bill to upgrade Federal College of Education (Technical), Asaba to Federal University of Technology holds May 28

85 senators endorse creation of Anioma State ahead zonal public hearings

July 1, 2025
Senator Nwoko, his wife, Regina Daniels get accolades from stakeholders for commitment to development of Nigeria’s film industry

Senator Nwoko, his wife, Regina Daniels get accolades from stakeholders for commitment to development of Nigeria’s film industry

June 30, 2025
Auto Draft

Waive pays homage to Udu monarch, pledges total allegiance

June 30, 2025
Delta Speaker calls for stakeholders’ commitment to advancing Nigeria as 10th Benue Assembly holds 2nd Anniversary Thanksgiving Service

Delta Speaker calls for stakeholders’ commitment to advancing Nigeria as 10th Benue Assembly holds 2nd Anniversary Thanksgiving Service

June 30, 2025

TRENDING STORIES

  • Abel Ideh: Don’t Meddle In Our Internal Affairs, DELSU-ASUU Warns DTHA

    Abel Ideh: Don’t Meddle In Our Internal Affairs, DELSU-ASUU Warns DTHA

    0 shares
    Share 0 Tweet 0
  • Tinubu, Jonathan, Akpabio, Others Set for Chief Wellington Okirika Biography Launch on June 26

    0 shares
    Share 0 Tweet 0
  • Delta: Native Doctor Arrested for Concealing Firearms in Ceiling

    0 shares
    Share 0 Tweet 0
  • S’Court Dismisses Second Attempt At Appeal By Dieyi Family In Ogwashi-Uku Royal Dispute

    0 shares
    Share 0 Tweet 0
  • ‘Tehran will shake’, says Israeli Finance Minister as Iran reportedly breaks ceasefire

    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.