No Increase In PMS Prices, NNPC Ltd Assures Nigerians

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

The NNPC stated this in reaction to some reports in the media (Not THE WHISTLER) that the price of petroleum should be pegged at N1200 per liter.

But reacting, the NNPC Ltd. urged Nigerians to disregard unfounded rumours and 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,” the statement said.