Oil & Gas

Reduction of petrol pump price: It’s bush telegraph, says NNPCL’s spokesman, Soneye

"The company asserts that these reports are false and urges Nigerians to disregard them entirely.

2.2k


The Nigerian National Petroleum Company Limited (NNPCL) has denied reports making the rounds that it has authorized the downward review of fuel prices at its retail stations nationwide.

Africa’s biggest oil company clarified the unfounded reports in some sections of the media (not Persecondnews) suggesting a slight reduction in pump prices for Premium Motor Spirit and Automotive Gas Oil.

The Chief Communication Officer of NNPCL, Mr. Olufemi Soneye, in a statement late Wednesday, described the speculation as a ‘bush telegraph.’

The statement reads: “The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide.

“The company asserts that these reports are false and urges Nigerians to disregard them entirely.

“NNPC Ltd. reaffirms its commitment to sustaining the current sufficiency of petroleum product supply across all its retail stations in the country.”

Author

See also  Russia completely and partially cut off 13 EU countries from gas

Leave a comment

Related Articles

Dangote Refinery Poised to Deliver 60-65 Million Litres of Petrol Daily

Nigeria’s energy landscape is shifting as the Dangote Petroleum Refinery prepares to...

Tinubu strips NNPC of billions in sweeping oil revenue shake up

President Bola Ahmed Tinubu has issued a sweeping executive order that could...

NNPC Ltd Smashes Records with N5.76trn 2025 Profit-After-Tax

The Nigerian National Petroleum Company (NNPCL) Limited has disclosed a substantial profit-after-tax...

Gas Supply Facility Maintenance Will Affect Power Generation, NISO Warns

By Joycelyn Ellakeche Adah Electricity generation across the country may dip temporarily...