N483/N485 (updated 9.12.16:morn)
buying/selling naira exchange rates per USD
Wednesday, 2 November 2016

Minister of State for Petroleum, Ibe Kachikwu, has disowned reports citing that the NNPC has made an increase to the official price of petrol.

Despite the visible increase in the price of the commodity across filling stations, the minister denied any increment when he spoke to journalists shortly after a Niger Delta elders' meeting with President Muhammadu Buhari on Tuesday.

Kachikwu was quoted saying:
"Have you heard me announce any increment? Wait until you hear from my mouth."
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