The Nigerian National Petroleum Corporation (NNPC) has given an avocation to its late change of petrol pump price at its retail outlets. 

The corporation likewise denied constantly meeting with President Muhammadu Buhari to campaign for his endorsement of an augmentation in petrol pump price. 

As indicated in a statement from the corporation's Group General Manager Public Affairs, Mallam Garba Deen Muhammad, on Monday in Abuja, the NNPC said there was no time its administration met with Buhari to push for a climb in the pump cost of petrol from its current N145 to N150 per liter. 

Its said it was not statutorily engaged to make any conformities in the valuing format of petroleum items endorsed by the Petroleum Products Pricing Regulatory Agency (PPPRA), including that media reports of such were not true. 

The corporation expressed that the value conformity in its downstream offices from N141 to N145 per liter was still inside the value band of N135 and N145 per liter affirmed on May 11, 2016 by the PPPRA which is the statutory body responsible for petroleum items estimating in Nigeria. 

In this respects, it guaranteed marketers and drivers of its status to keep on playing its statutory part of being the supplier of final resort and guaranteeing energy
 security for the nation.
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Afolabi Folorunsho

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