No Increase in PMS Prices, says NNPC Ltd

Kayode Ogunwale

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

NNPC Ltd made the assurance in a statement by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd.

NNPC Ltd however 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.”