More
    HomeEconomyNNPC Assures Nigerians: No Plans to Increase Fuel Price, Disregard Rumors

    NNPC Assures Nigerians: No Plans to Increase Fuel Price, Disregard Rumors

    Published on

    By Milcah Tanimu

    The Nigerian National Petroleum Company (NNPC) has sought to allay fears among Nigerians regarding a potential increase in the cost of petrol. In a statement issued on Wednesday by the company’s Chief Corporate Communications Officer, Olufemi O. Soneye, NNPC emphasized that there is no planned upward review of the price of Premium Motor Spirit (PMS), commonly known as petrol.

    The statement urged Nigerians to dismiss any “unfounded rumors” circulating about a possible fuel price hike. NNPC reassured the public that there are no intentions to increase the price of petrol and advised motorists nationwide against engaging in panic buying.

    Furthermore, the NNPC spokesperson asserted that there is currently ample availability of PMS across the country, emphasizing that there is no need for panic in the fuel market.

    Latest articles

    Sanwo-Olu’s Leadership Strides Worthy Of Emulation – Youths Declare

      Prominent youth organization, Youth Bureau has commended Lagos State Governor, Babajide Sanwo-Olu’s developmental strides...

    NATIONAL ASSEMBLY’S EXTENSION OF IGP KAYODE EGBETOKUN’S TENURE: IMPLICATIONS FOR THE NIGERIA POLICE FORCE

      BY HAMZA NUHU DANTANI, ESQ.   Nigeria operates a democracy, or at least pretends to, and...

    KWASU clarifies 1-Year JAMB Suspension of Law Admission

    * Says ban won't affect students currently running law programme By Olufemi Oni, Ilorin The Management...

    British-Nigerian appointed as trade envoy by UK

    Florence Eshalomi, a British-Nigerian politician, has been named the UK's trade envoy to Nigeria...

    More like this

    Sanwo-Olu’s Leadership Strides Worthy Of Emulation – Youths Declare

      Prominent youth organization, Youth Bureau has commended Lagos State Governor, Babajide Sanwo-Olu’s developmental strides...

    NATIONAL ASSEMBLY’S EXTENSION OF IGP KAYODE EGBETOKUN’S TENURE: IMPLICATIONS FOR THE NIGERIA POLICE FORCE

      BY HAMZA NUHU DANTANI, ESQ.   Nigeria operates a democracy, or at least pretends to, and...

    KWASU clarifies 1-Year JAMB Suspension of Law Admission

    * Says ban won't affect students currently running law programme By Olufemi Oni, Ilorin The Management...