The Nigerian National Petroleum Company (NNPC) Limited has asked Nigerian to disregard the information about the plan to increase the price of Premium Motor Spirit popularly known as Petrol in the country.
They made this known in a statement signed by their Chief Corporate Communications Officer, Olufemi O. Soneye on Wednesday.
It read “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.”
