The Federal Government has denied a report suggesting that the Ministry of Petroleum Resources ordered the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at 1,000naira above the approved pump price.
In a statement, the Minister of state for petroleum resources HEINEKEN LOPOBIRI declared that the report was concocted and ill-conceived to sow disagreement and confusion in the oil industry.
LOPOBIRI noted that there was never a time the Federal Government interfered with petroleum pricing with NNPCL or give directives for price increment.