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No Adjustment In Pump Prices Of Petrol, Diesel – NNPCL

Nse Anthony-Uko by Nse Anthony-Uko
2 years ago
in Business
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS/Afolabi Sotunde

A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS/Afolabi Sotunde

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The Nigerian National Petroleum Company Limited (NNPCL) has debunked speculations making the rounds on social media of a downward adjustment in the pump prices of Premium Motor Spirit (PMS) commonly known as petrol and Automotive Gas Oil (AGO) also known as Diesel.

In a terse statement signed by the NNPCL spokesman, Olufemi Soneye, on Wednesday, the national oil company said the reports about price adjustment were false and urged Nigerians to disregard them entirely.

“The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide. The company asserts that these reports are false and urges Nigerians to disregard them entirely.

“NNPC Ltd. reaffirms its commitment to sustaining the current sufficiency in petroleum products supply across all its retail stations in the country,” the company stated.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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