The Nigerian National Petroleum Company (NNPC) Ltd. has issued a statement assuring the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. NNPC Ltd. dismisses unfounded rumors and urges Nigerians to disregard any speculation regarding an upward review of the PMS price.
In the official statement, NNPC Ltd. emphasizes that there are no plans for a price hike, and motorists are advised against engaging in panic buying. The company assures the public that there is ample availability of PMS across the country.
The statement, signed by Olufemi O. Soneye, Chief Corporate Communications Officer at NNPC Ltd., seeks to quell any concerns among Nigerians and reaffirm the stability of petrol prices. NNPC Ltd. encourages citizens to rely on accurate information and avoid unnecessary panic in response to baseless rumors.
As fuel prices often have a significant impact on daily life and the economy, NNPC Ltd.’s reassurance aims to maintain stability and prevent any unwarranted disruptions in the fuel supply chain.
