Posted by Amarachi on Wed 06th Nov, 2024 - tori.ng
Chief Corporate Communications Officer, Olufemi Soneye, addressed the accusations on Tuesday, challenging critics to present evidence of any substandard fuel imported by NNPC.
The Nigerian National Petroleum Company (NNPC) Limited has dimissed allegations that it imports adulterated premium motor spirit (PMS), commonly known as petrol.
Chief Corporate Communications Officer, Olufemi Soneye, addressed the accusations on Tuesday, challenging critics to present evidence of any substandard fuel imported by NNPC.
This response comes after civil society organizations demonstrated outside NNPC’s offices, calling for the removal of Mele Kyari, NNPC’s Group Chief Executive Officer (GCEO), in protest against recent petrol price hikes.
Soneye insisted that the company adheres to strict quality standards, stating, “The NNPC Ltd. does not import adulterated fuel. If anyone has evidence to the contrary, they should bring forward samples of any such fuel imported by NNPC Ltd.”
The protest follows a recent claim by Dangote Petroleum Refinery that any oil marketer selling petrol at a price lower than that of Dangote’s refinery is likely distributing substandard fuel. This claim arose after some marketers suggested Dangote’s petrol prices were higher than imported alternatives.
Responding to accusations that Kyari is to blame for the recent spike in petrol prices, Soneye clarified that price adjustments are beyond the CEO’s control, noting that, “If they were informed, they would know that the GCEO is not responsible for the fuel price increase.” He also emphasized that, under Kyari’s leadership, NNPC maintained a price of N620 per litre for over a year, despite a higher landing cost of above N1,100.
Petrol prices have surged significantly, with NNPC raising rates from N855 per litre in September to N998 in October, and further increasing prices on October 28 to N1,025 in Lagos and N1,050 in Abuja. Despite public outcry, NNPC has reaffirmed its commitment to advancing President Bola Tinubu’s roadmap for national energy security.
Soneye concluded by stating that the company remains focused on key projects to secure Nigeria’s energy future, undeterred by ongoing protests.