Ibe Kachikwu, who is the Minister of State for Petroleum Resources, has expressed his distaste over the unexpected increase in pump price. He made this known while speaking to journalists after receiving an award at an event organized by the Petroleum Products Pricing Regulatory Agency (PPPRA) in Abuja yesterday.
There was a 4Naira increase in the pump price of petrol last week at all NNPC fuel stations, nationwide. It was increased from N141 to N145 per litre
“First, I am not aware that the NNPC has increased price. I need to look into that. It is a bit of surprise for me, because there are processes in doing this, if they have done that, it means they are doing it wrongly. Let me find out what the facts are”.