In the face of growing concerns about the possibility of a petrol price hike, the Nigerian National Petroleum Company Limited (NNPCL) has stepped forward to quash the speculations, alleviating public fears regarding fuel affordability. In a carefully worded statement shared late on Monday via its official X handle (formerly Twitter), the NNPCL, a key importer and distributor of petroleum products in Nigeria, firmly denied any intention to increase the pump price of Premium Motor Spirit (PMS), commonly known as petrol.
Addressing its valued customers, NNPCL Retail, the downstream subsidiary responsible for retailing refined petroleum products, reassured patrons that it remains steadfast in its commitment to maintaining the current pricing structure. The statement read, “Dear esteemed customers, we at NNPCL 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 NNPCL Retail stations nationwide.”
