Abuja, January 3, 2024: In a reassuring statement today, the Nigerian National Petroleum Company (NNPC Ltd.) moved swiftly to dispel concerns about an imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
Chief Corporate Communications Officer, Olufemi O. Soneye, emphasized that the NNPC is committed to maintaining stability in fuel prices and urged the public to disregard any baseless rumors circulating regarding an upward revision of the PMS price.
Soneye further appealed to motorists across the nation, advising against succumbing to panic buying. He assured the public that there is currently an abundant supply of PMS, reassuring citizens that there are no immediate plans to raise the price of the essential commodity.
The NNPC’s proactive communication comes as a response to growing speculations and unfounded rumors, aiming to curb any potential panic among consumers. The Chief Corporate Communications Officer reiterated the company’s dedication to ensuring a steady and affordable supply of petrol throughout the country.
Motorists and the general public are encouraged to stay informed through official channels and dismiss any unverified information regarding changes in fuel prices. As of now, the NNPC maintains that there is no impending increase in the cost of Premium Motor Spirit, and citizens are advised to continue their regular fuel consumption patterns without undue concern.
