He said as such, the solicitation for forex for importation of petrol had been met and the NNPC's supply circumstance was "powerful."
Baru talked with State House reporters soon after meeting away from public scrutiny with President Muhammadu Buhari at the Presidential Villa, Abuja.
Oil advertisers had on Monday approached Nigerians to get ready for another expansion in the pump costs of petrol because of the proceeded with shortage of remote trade to back the importation of the item.
As per them, the United States dollar hit an unsurpassed high a week ago, as it traded for N400 at the parallel business sector.
Stressed by the advancement, the advertisers said if not desperately tended to, the pump costs of petrol would not stay at the endorsed rates.
The Federal Government changed the downstream part of the petroleum business on May 11, 2016 and declared an expansion in the pump costs of petrol from N86 and N86.5 per liter to amongst N135 and N145 per liter.
It additionally expressed that the business sector was to be driven by the components of interest and supply, as it was presently to a great extent in the hands of private part players.
In any case, oil advertisers said on Monday that, in spite of the opposition in the business, they were attempting to hold the cost of the Premium Motor Spirit inside the affirmed range.
Baru however told correspondents that he didn't know about any arrangement to expand the cost.
He said. "I have not been coordinated to build pump cost, even the other cost depended on suggestion from the controlled body.
"I am not mindful that they are planing to do any expansion. You know there are a few elements that required that particularly the issue of swapping scale that has moved and we don't expect any genuine changes.
"In this way, the solicitation for forex for importation of fuel famously called petrol has been met, and our own particular supply circumstance is vigorous, we are taking care of requests. We have more than 1.4 billion liters on ground.
"So I don't see any premise for expansion, in any case, the survey should be possible by the right body. You ought to contact PPPRA, that is the administrative body similarly as petrol estimating is concern."
Prior to Baru's meeting with the President, Buhari had prior met with the Minister of State, Petroleum Resources, Dr. Ibe Kachikwu.
Kachikwu did not talk with columnists toward the end of the meeting.
The President himself is the substantive Minister of Petroleum Resources.
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