By John Ofikhenua, Abuja
The Nigerian Nationwide Petroleum Company (NNPC) yesterday stated state governors don’t run the affairs of the company, stressing that negotiation to find out a brand new pump worth of petrol was nonetheless ongoing between the organised labour and the Federal Authorities.
It added that there was no official announcement of any worth hike for the product.
Kaduna State Governor, Mallam Nasir el-Rufai was yesterday quoted as saying that there was a advice from the Nigeria Governors’ Discussion board that petrol ought to promote for between N380 to N408 per litre.
The advice was a request for the whole elimination of the subsidy on petrol.
With the elimination, the product could be on the mercy of demand and provide.
However the NNPC, Group Basic Supervisor, Group Public Affairs Division, Dr. Kennie Obateru, instructed The Nation on cellphone that it was not the duty of state governors to run the company.
“I can’t react to that. You understand how the factor runs: it isn’t the state governments that may decide what we do in our Company. It’s a authorities (Federal) factor.
“And so far as I’m involved, negotiation is ongoing; so when it’s communicated to the suitable quarters. That’s after we will reply. For now we don’t have any official communication,” he stated throughout a phone interview.
He assured most people that the suggestions of N408 per litre wouldn’t result in any shortage of petrol.
In accordance with him, NNPC had petrol inventory sufficiency of 40 days.
“Our plan is at all times to have over 40 days of sufficiency” he stated, stressing that gasoline was accessible in abundance.