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The federal government has made clarification on its plan to increase pump price of petrol


– Antai Asuquo, the operations controller of the Department of Petroleum Resources (DPR) in Warri, said that there will be no immediate increase in the price of petrol

– Speaking on Tuesday, May 21, Asuquo told Nigerians to stop worrying about possible fuel hike that could lead to crisis in the supply chain
Antai Asuquo, the operations controller of the federal government agency, Department of Petroleum Resources (DPR), Warri zonal office, has said that it has no plan to increase the pump price of petrol.
Asuquo made this disclosure to newsmen on Tuesday, May 21, on a sideline during the celebration of the “World Day for Cultural Diversity for Dialogue and Development” held simultaneously in all the DPR offices in the country, the News Agency of Nigeria (NAN) reports.
The annual event with the theme, Nigeria’s Diversity and Rich Cultural Heritage was organised by the DPR.
The controller urged Nigerians to be focused and stop worrying about possible fuel hike that could lead to crisis in the supply chain, adding that ‘the product is available and the pump price remains N145 per litre’.
“There is availability of petroleum products, the price of Petroleum Motor Spirit (PMS) remains the same and there is no immediate plan to change it. We should not hoard the product for a particular period of time because keeping the product at home is dangerous.
“Our lives and property are important, so we should value and manage our resources in a way that we do not cause harm to ourselves,” he advised.
Asuquo also urged Nigerians to key into the federal government’s policy on the use of Liquefied Petroleum Gas (LPG), noting that there was abundant cooking gas in the country.
“The federal government is trying to enforce the availability of cooking gas all over the federation and people are encouraged to use it. The LPG is the energy of the future, it is cleaner, most sustainable and we have abundant of it. I encourage people to follow the government’s policies and we will be happy for it,” he said.
On the World Day for cultural diversity for dialogue and development, Asuquo said Nigeria remained an indivisible entity irrespective of our ethnic, religious and cultural differences.
“Today is diversity day; the DPR sets aside diversity in culture, gender, religion, style, grade and people; it is all about the multi faceted nature of our people in DPR.
“This is what makes DPR special, we are united in diversity. The differences we have in terms of culture, religion and ethnicity has not changed our focus in Nigeria as an entity.
“This is a way of assuring our staff and stakeholders in the Department that Nigeria is a one united indivisible entity. As diverse as we are, we remain one, the focus is to ensure that Nigeria continues to grow from strength to strength and remain united.
“In the oil and gas industry, we interface with all manner of people globally. We are also trained to adapt and be able to deal with others irrespective of their culture and backgrounds,” he said.
Meanwhile, reported that the chief executive officer of Financial Derivatives Company Limited, Bismarck Rewane, told Nigerians to be prepared for an increase in the pump price of the Premium Motor Spirit (PMS), popularly called petrol.
There have been speculations that the government of President Muhammadu Buhari might increase the pump price of petrol.


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