Shocker as Presidency declares working refineries will not drop price of petrol in Nigeria

  • Presidential spokesman, Ajuri Ngelale has clarified the relationship between refineries and the pump price of petrol
  • Ngelale declared that the price is dependent on the international benchmark of the cost of crude oil per barrel
  • He however stressed that there are of course big benefits to a country having working refineries

The price of petrol at filling stations will not go down even if all five Nigerian refineries are working at full capacity and producing the most amount of the product.

This is according to the statements made by President Bola Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale while he was a guest on Television Continental’s talk show, “Your View”.