The Nigerian National Petroleum Corporation Limited (NNPCL) on Wednesday denies l rumours making the rounds that it was about to increase the price of patrol.
In a statement signed by the corporation’s spokesperson, Olufemi Soneye, NNPCL urged Nigerians to discountenance the rumours, urging Nigerians to desist from panic buying of petrol.
The statement reads:
No Increase in PMS Prices, NNPC Ltd. Assures Nigerians
The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price.
Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.
Olufemi O. Soneye
Chief Corporate Communications Officer
