The Nigerian National Petroleum Company (NNPC) Limited has denied claims that it plans to increase its pump prices for Premium Motor Spirit, commonly referred to as petrol.
In a statement released on Friday, October 6th, NNPC asked customers to ignore reports of a planned petrol pump price increase.
“Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated. Please buy the best quality products at the most affordable prices at our NNPC Retail Stations nationwide”
Since President Bola Tinubu assumed office on May 29, declaring that “fuel subsidy is gone“, the NNPC has increased its prices at least twice, now costing three times.
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