Business
Fuel Price Hike: Again, NNPC Dismisses Report

The Nigerian National Pe
troleum Corporation (NNPC), has again debunked report that it plans to hike the pump price of petrol.
Group General Manager, Group Public Affairs Division, NNPC, Mr Garba Deen Muhammad, made the denial in a statement issued to newsmen last Monday in Abuja.
He said that the NNPC “is not empowered statutorily to tinker with the pricing template of petroleum products as erroneously reported in some national dailies.”
The corporation had on October 23 debunked the report that plans were in the offing to increase the pump price of fuel.
The NNPC spokesman said that the adjustment of the pump price of petrol by NNPC filling stations from N141 to N145 per litre was still within the approved price band.
“The price adjustment is still within the price band of N135 and N145 per litre approved on May 11 by the Petroleum Products Pricing Regulatory Agency (PPPRA), the statutory body in charge of petroleum products pricing.
“The corporation assures marketers and motorists of its readiness to continue to play its statutory role of being the supplier of last resort and ensuring energy security for the nation.
“The NNPC further confirms the availability of over 1.6 billion litres of PMS in-country that would last 45 days consumption.
“There was no time the NNPC management met the President to push for a hike in the pump price of petrol to N150 per litre,” Muhammad said.
He advised journalists to always cross check their facts before going to press.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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