Nigerian National Petroleum Company (NNPC) Limited has debunked reports that it plans to increase its fuel pump price.
Gatekeepers News reports that NNPCL’s management refuted the claim in a statement shared Friday on X.
The statement read, “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.”
IMPORTANT NOTICE
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.… pic.twitter.com/NWFymABBIN
— NNPC Limited (@nnpclimited) October 6, 2023
The company said its retail stations sell the best quality products at the most affordable prices.
Since President Bola Tinubu assumed office on May 29, declaring that “fuel subsidy is gone“, the NNPC has increased its prices at least twice, now costing three times the cost at the time: below N200 per litre.
