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BREAKING: VP Shettima Summons NNPC Head ,Kyari, Ribadu, Lokpobiri over petrol price hike

Vice-President Kashim Shettima has invited Mele Kyari, group chief executive officer of Nigerian National Petroleum Company (NNPC) Ltd., and Heineken Lokpobiri, minister of state for petroleum resources (oil).

Kyari, Lokpobiri, and Ugbogu Ukoha, the executive director of the Nigerian Mainstream, Downstream, and Petroleum Regulatory Authority (NMDPRA), were at the presidential villa in Abuja on Thursday.

TheCable understands that the meeting follows a directive by President Bola Tinubu to Shettima concerning the recent hike in the pump price of petrol.

Nuhu Ribadu, national security adviser (NSA), was also at the meeting.

On Tuesday, NNPC increased the price of premium motor spirit (PMS), also known as petrol, across its retail outlets.

The product is being sold at N855 per litre —from about N600 — at some NNPC filling stations in Lagos.

In some states, the price is above N900 per litre.

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