The Group Chief Executive Officer of the Nigerian
National Petroleum Company Limited (NNPCL), Mele Kyari Ojulari, has
attributed the recent spike in cooking gas prices to disruptions caused by the
oil workers’ strike.
Speaking with State House correspondents on Sunday
after meeting with President Bola Tinubu, Ojulari explained that the
industrial action had halted operations for several days, resulting in what he
described as an “artificial increase” in prices.
“The increase you saw was relatively artificial
because, for the period of the strike, movements and loading were delayed by
about two or three days,” he said. “As things return to normal, it will take
some time for distribution to be fully restored.”
Ojulari also accused some retailers of exploiting the
temporary supply shortfall to hike prices but assured Nigerians that cooking
gas prices would stabilise in the coming weeks as supply chains normalize.
“My expectation is that now that things are back to
normal, prices should return to what they were before the strike,” he added.
The Petroleum and Natural Gas Senior Staff
Association of Nigeria (PENGASSAN) had embarked on a nationwide strike over
the dismissal of workers at the Dangote Refinery but suspended the action on October
1 following the Federal Government’s intervention.
Comments:
Leave a Reply