NNPC Speaks on Fresh Increase in Petrol Price 

 

The Nigerian National Petroleum Company (NNPC) Limited has said that there is no plan to raise the pump price per litre of Premium Motor Spirit also known as petrol.

In a terse statement on Monday night, the Company urged Nigerians to disregard speculations of a fresh hike in price of petrol.

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, had on Monday, warned the NNPC Limited against fresh petrol price hike.

However, NNPC Limited Spokesman, Muhammad Garbadeen, in a statement, said the company has no intention to increase petrol price for the third consecutive time since the removal of petrol subsidy on May 29, 2023.

“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,” Garbadeen said.

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