Subsidy Removal: NNPC Debunks Plans To Increase Fuel Price
The Nigerian National Petroleum Company Limited (NNPCL) has debunked plans to increase fuel price.
This is contained in a statement on Wednesday NNPCL Chief Corporate Communications Officer, Olufemi Soneye, urging Nigerians to disregard unfounded claims.
The petroleum company also urged motorist nationwide to desist from panic buying, adding that there is adequate petroleum products to serve the nation.
The statement by NNPCL 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.”
Sodiq Lawal is a passionate and dedicated journalist with a knack for uncovering captivating stories in the bustling metropolis of Osun State and Nigeria at large. He has a versatile reporting style, covering a wide range of topics, from politics , campus, and social issues to arts and culture, seeking impact in all facets of the society.
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