The Nigerian National Petroleum Company (NNPC) Ltd. has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
In a press statement published on X platform and signed by Chief Corporate Communications Officer, NNPC Ltd, Olufemi Soneye, it urged Nigerians to “disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price”.
The statement added that, “Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.”