FX Guys

FG did not increase fuel price – Minister

Sen. Heineken Lokpobiri, Minister of State (Oil) Petroleum Resources, on Thursday, said the Federal Government was not responsible for the recent increase in the price of petrol across the country.

The minister said this while briefing State House correspondents after a meeting with Vice-President Kashim Shettima.

Lokpobiri said the industry had been deregulated, and that the government was not fixing prices.

“This sector is deregulated. And we believe that with the availability of products, the price will find its level.

“What is important is that the product is available in the country; between now and the weekend, there will be availability of the product across the length and breadth of the country,” he said.

He said it was important to convey to Nigerians that the President was empathetic about what was going on in the country.

“He is concerned about the hardship of…
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