In a recent statement, the Nigerian National Petroleum Company (NNPC) Ltd. has sought to allay concerns regarding potential hikes in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
The Chief Corporate Communications Officer, Olufemi O. Soneye, emphasized that there is currently no imminent plan for an upward revision of the PMS price.
NNPC Ltd. urged the public to dismiss any unfounded rumors circulating about an impending increase in PMS prices. The corporation emphasized its commitment to maintaining stable fuel prices and reassured Nigerians that there are no ongoing deliberations for a price adjustment.
Motorists nationwide are advised to exercise prudence and refrain from engaging in panic buying, as NNPC Ltd. assures the populace that there is an ample supply of PMS across the country. The corporation remains steadfast in its efforts to ensure the availability and accessibility of fuel to meet the nation’s energy needs.
Olufemi O. Soneye, Chief Corporate Communications Officer at NNPC Ltd., issued this statement from the corporation’s headquarters in Abuja. The assurance comes as a response to concerns among the public regarding potential disruptions to fuel prices, aiming to maintain transparency and confidence in the energy market.
