Chief Timipre Sylva the Minister of State Petroleum Assets has denied any enhance within the worth of Premium Motor Spirit (PMS).
In a press release, on Friday, in Abuja, Sylva mentioned President Muhammadu Buhari has not permitted any worth enhance for PMS as is been bandied round.
“President Muhammadu Buhari has not permitted any enhance within the worth of PMS or another petroleum product for that matter. There isn’t a motive for President Muhammadu Buhari to renege on his earlier promise to not approve any enhance within the worth of PMS presently. Mr President is delicate to the plights of the atypical Nigerian and has mentioned repeatedly that he understands the challenges of the atypical Nigerian and wouldn’t need to trigger untold hardship for the electorates’.
“Authorities is not going to approve any enhance of PMS secretly with out due consultations with the related stakeholders. The President has not directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) or any company for that matter to extend the worth of gasoline. This isn’t the time for any worth enhance in pump worth of PMS” Sylva acknowledged additional.
The Minister famous that “What’s enjoying out is the handiwork of mischief makers and people planing to discredit the achievements of Mr President within the oil and fuel sector of the economic system. I attraction to Nigerians to stay calm and regulation abiding as the federal government is working onerous to deliver normalcy to gasoline provide and distribution within the nation”.