February 08, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Ltd, says there is no imminent hike in the pump prices of Premium Motor Spirit (PMS) or petrol.
In a statement on Thursday, its Chief Corporate Communications Officer, Olufemi O. Soneye, urged Nigerians to disregard unfounded rumours of any imminent hike.
Soneye advised motorists to shun panic buying of the product.
The statement reads in part: “NNPCL assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
“NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures 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.”