Here is the real reason NNPC embargoed fuel price hike in February The Nigerian National Petroleum Corporation (NNPC)on Thursday demanded stiff penalty for fuel marketers who have engaged in hoarding to create “artificial scarcity.” The corporation, which also said that it had, in spite of the rise in the price of crude oil in the international market, ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021, raised the red flag on hoarding by some marketers. It “called on relevant…
Read MoreNNPC raises red flag on fuel hoarding, demands sanctions for erring marketers
