NNPC Refutes Reports of Fuel Price Reduction

The Nigerian National Petroleum Company Limited has dismissed claims of a downward revision of fuel prices attributed to it on Wednesday, terming them baseless. Responding to reports indicating a potential decrease in pump prices for Premium Motor Spirit and Automotive Gas Oil, NNPCL clarified that no such adjustments were being made, as reported in some media outlets. Olufemi Soneye, the Chief Communications Officer at NNPCL, addressed these speculations in a statement released to the press, emphasizing the company’s stance. He urged the public to treat such rumors with skepticism and advised against giving them undue credence.

In a statement, the NNPC Limited reiterated its stance, asserting that the rumors of price adjustments for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail outlets were unfounded. The company emphasized its commitment to maintaining current levels of petroleum product availability across all its retail locations nationwide. NNPC Ltd reaffirmed its dedication to ensuring that there is no disruption in the supply of petroleum products to consumers throughout the country. As such, the company urged Nigerians to remain assured of a steady and uninterrupted supply of fuel and diesel at its retail stations.

NNPCL’s Chief Communications Officer emphasized the importance of disregarding any reports suggesting imminent price changes for petroleum products. The company assured the public that it remains steadfast in its commitment to providing adequate fuel supplies to meet the nation’s needs. Nigerians were urged not to be misled by false information and to rely on official announcements from NNPC Limited regarding any changes in fuel prices. The statement reiterated NNPC’s dedication to transparency and accountability in its operations, seeking to dispel any misinformation circulating in the media.

In light of recent reports circulating in the media, the Nigerian National Petroleum Company Limited moved swiftly to address misconceptions regarding potential fuel price adjustments. The company made it clear that there were no plans for any downward revisions in pump prices for Premium Motor Spirit and Automotive Gas Oil. NNPC emphasized its ongoing efforts to maintain stability and sufficiency in the supply of petroleum products across its retail outlets nationwide. Nigerians were urged to remain vigilant and rely on credible sources for information regarding any changes in fuel prices, disregarding unfounded rumors circulating in the media.

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