Business
NNPC Speaks On Increasing Petrol Price To N1,200 Per Litre
Motorists are advised against panic-buying as there is ample availability of PMS across the country.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
VerseNews reports that this was made known in a statement released on Wednesday by the NNPC Chief Corporate Communications Officer, Olufemi O. Soneye,
The statement comes in response to reports of a clash with petroleum marketers over the removal of petrol subsidies.
NNPC Ltd urged Nigerians to disregard unfounded rumors and assured them that there are no plans for an upward review of the petrol price.
Motorists are advised against panic-buying as there is ample availability of PMS across the country.
The statement reads; “The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
“NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price.
“Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.”
Osimhen Closes In on Yekini’s Goal Record After AFCON Brace
Victor Osimhen moved within three goals of Rashidi Yekini’s long-standing Nigeria scoring record after netting twice in the Super Eagles’...
Nigeria Hit Four in AFCON Knockout for First Time in 32 Years
Nigeria delivered a historic performance at the Africa Cup of Nations, scoring four goals in a knockout match for the...
Anthony Joshua May Quit Boxing After Deadly Nigeria Crash — Uncle Gives Reason
Former world heavyweight champion Anthony Joshua is considering stepping away from boxing following a tragic car crash in Nigeria that...
Lagos Begins Clearance of Illegal Structures Along Lagos–Badagry Expressway
The Lagos State Government has commenced clearance operations along the Lagos–Badagry Expressway to remove illegal structures and ease traffic congestion...
FG Discovers New Strategy to End WAEC, NECO Malpractice
The Federal Government has announced fresh strategies, including technology-driven reforms and stricter oversight, to tackle examination malpractice in WAEC and...
INEC Resumes Nationwide Voter Registration as Second Phase Begins
The Independent National Electoral Commission has resumed the Continuous Voter Registration exercise across the country...
‘Yahaya Bello Remains Innocent Until Proven Guilty’, EFCC Declares
The Economic and Financial Crimes Commission has reaffirmed that former Kogi State Governor Yahaya Bello remains innocent until proven guilty.
BREAKING: Tinubu Makes 21 New Appointments in Oil Sector
President Bola Tinubu has nominated former Rivers South-East senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission...
AI Used to Improve Quality of Tinubu-Kagame Paris Meeting Photo, Presidency Gives Details
The Presidency has responded to the reports alleging that a photograph of President Bola Tinubu with Rwandan President Paul Kagame...
How Rio Ferdinand Predicted Amorim’s Sacking
Manchester United legend Rio Ferdinand says Ruben Amorim’s dismissal did not come as a shock, revealing that recent press conferences...
You must be logged in to post a comment Login