NNPC CEO Mele Kyari Attributes Petrol Price Increase to Market Forces, Assures Nigerians of Ample Supply

…By Dorcas Funmi for TDPel Media.

Kyari provided this explanation after a meeting with Vice President Kashim Shettima at the Aso Villa.

He stated that the price increase has no connection to supply issues, as there is an ample and steady supply of petrol in the country.

According to Kyari, market forces are now at play, leading to increased confidence in the market.

He states that these companies must set prices that cover their costs and reflect the prevailing market conditions.