The Nigerian National Petroleum Corporation (NNPC) started its week in style after solidifying its collaboration with the Abia State Government to boost petroleum products supplies to Aba Depot.
The move was geared towards strengthening economic activities in the area and the country at large.
The Group Managing Director, Malam Mele Kyari, said the meeting with the state government was to address issues on petroleum products and crude oil pipeline protection in Abia State.
It would be recalled that there had been consistent vandalisation of oil pipelines around the Abia axis which had hindered easy flow of products to the depot.
Kyari, who was represented by the Chief Operating Officer (COO), Ventures and Business Development, Mr Adeyemi Adetunji, said stronger collaboration would ensure efficiency in the system.
In his remarks, the Governor of Abia State, Okezie Ikpeazu, averred that the State was prepared to work hand-in-hand with the NNPC and security agencies to curb the incidences of petroleum products theft so as to restore normalcy to the Aba Depot.
In the same vain, the Minister of state for Petroleum Resources, Chief Timipre Sylva assured Nigerian that there would be no increase in the pump price of Premuim Motor Spirit also known as Petrol.
The minister said: “Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (Petrol) to reflect current market realities.
“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.
He also urged motorists not to engage in panic buying of the product as the NNPC had sufficient product to serve the country.