Nigerian National Petroleum Company Limited, says it cannot maintain a pump price of N170 per litre for Premium Motor Spirit

The Group Managing Director, Nigerian National Petroleum Company Limited, Mele Kyari, has disclosed that NNPC cannot maintain a pump price of N170 per litre for Premium Motor Spirit, popularly called petrol or fuel.

Kyari, made this known while speaking at the Legislative Transparency and Accountability Summit organised by the House of Representatives Committee on Anti-Corruption in Abuja

He explained that the landing cost of fuel was thrice the amount.