The Nigerian National Petroleum Company (NNPC) Ltd. has refuted any intention to raise the price at which Premium Motor Spirit (PMS), also referred to as gasoline, is pumped.
Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, urged Nigerians not to buy gasoline in a panic on Thursday, February 8.
The sentence said as follows:
The public is reassured by the Nigerian National Petroleum Company (NNPC) Ltd. that there won't be any immediate increases to the price of Premium Motor Spirit (PMS), also known as gasoline.
"NNPC Ltd. assures Nigerians that there are no preparations for an upward revision of the PMS price and advises them to ignore baseless rumors. Drivers across are cautioned against panic buying because PMS is currently widely available throughout the nation.
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