Timipre Sylva, the Minister of State for Petroleum Sources, said this whereas talking with newsmen in Abuja.

Sylva spoke on the sidelines of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) stakeholders’ session discussion board on rules.

The minister was reacting to the rise in pump worth of petroleum by entrepreneurs from N165 per litre to N169, N184 and N218 per litre, relying on the realm within the nation’s capital and different states.

He stated, “I can let you know authoritatively, we now have not deregulated. The federal government remains to be subsidising petrol costs. If there are will increase in worth, it’s not from the federal government.

“It’s in all probability from the entrepreneurs, however in fact, I’ll discuss to the authorities to make sure that they really regulate the value. This isn’t from the federal government, we’ve not deregulated.

“However lots is happening to make sure that the queues finish. As of yesterday, I seen that the queues in Abuja are easing off.”

Recall that there was gas shortage lately in Abuja and several other different cities throughout the nation.