The Retail arm of the Nigeria National Petroleum Company Limited has debunked media reports of a fresh plan to increase the price of Premium Motor Spirit popularly called petrol.
It said this in reaction to claims making the round the there are fresh plans to raise the price of petrol from the current N617 per litre to between N720 and N750 per liter.
But reacting on Monday in Abuja, the NNPC in a message to it’s customers urged them to disregard the speculations being made in some quarters.
“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.”