Petrol Pump Price Should Be More Than N280 Per Litre – Mele Kyari
The Group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the cost of premium motor spirit (PMS), better known as petrol, should be N256 per litre at filling stations.
has said the price of petrol should be more than N280/litre at which Automotive Gas Oil, also known as diesel, is being sold.
Kyari said smuggling of petrol from Nigeria had impacted negatively on the Nigerian oil sector but added that this would not lead to another closure of the borders.
He said on Tuesday during a programme on Channels Television that efforts were rather being made to curb smuggling.