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Home Economy/Technology

Petrol price remains, NNPC assures Nigerians

Petrol

The Matters Press by The Matters Press
February 9, 2024
Reading Time: 1 min read
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How NNPC is solving lingering petrol scarcity

Abuja, Feb. 9, 2024: The Nigerian National Petroleum Company (NNPC) Ltd. has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.

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The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Thursday urged Nigerians to disregard unfounded rumours.
Soneye assured 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,” he said.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
  • Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

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