The Nigerian National Petroleum Company Limited (NNPCL) has affirmed its lack of intent to raise the retail price of petroleum. This assurance was provided through an official statement shared on the company’s Twitter account on Monday evening.
The statement from NNPCL was prompted by media reports suggesting that the company was preparing to elevate petroleum pump prices from the current rate of N617 per litre to a range of N720 to N750 per litre in the upcoming weeks.
Responding to these reports, NNPCL clarified that it holds no plans to increase the prices of petrol at its pump stations, contrary to widespread speculations. The company expressed its appreciation for its valued customers and reassured them of its commitment to maintaining the affordability of petrol motor spirit (PMS) at its NNPC Retail outlets nationwide. Customers are encouraged to continue purchasing high-quality products at the most reasonable prices from these stations.
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