No increase in PMS prices – NNPC Ltd. assures Nigerians

The Nigerian National Petroleum Company (NNPC) Ltd. has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.

NNPC Ltd. in a statement by Olufemi O. Soneye, Chief Corporate Communications Officer of the NNPC Ltd., in Abuja, urged Nigerians to disregard unfounded rumours of plans to increase pump price of petrol to N1,200 per litre, assuring the public that there are no plans for an upward review of the PMS price.

The statement read:

NNPC Limited

@nnpclimited

PRESS RELEASE

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.

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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
NNPC Ltd.
Abuja