JUST-IN: NNPCL Denies Planned Increase In Petrol Pump Price

The Nigeria National Petroleum Company Limited (NNPCL) has debunked speculation that it planned to increase pump price of premium motor spirit (PMS), commonly known as Petrol.

LEADERSHIP observed a sudden panic buying of Petrol by motorists and other users at Petrol Stations within Abuja on Friday evening.

But, in a terse statement posted on its verified social media handles on Friday, titled, “Important Notice”, the public oil company asked Nigerians to buy the best-quality products at the most affordable prices at NNPC Retail Stations nationwide.

NNPCL wrote: “Dear esteemed customers, we at NNPC 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 NNPC Retail Stations nationwide.”