HighlightTrending Story

NNPC To Nigerians: Don’t panic, no plan to increase petrol price

585

The Group General Manager, Group Public Affairs Division of the NNPC, Ndu Ughamadu, has said there was absolutely no plan by the Federal Government to increase pump price of petrol above N145 maximum level.

The NNPC in a release informed that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre have not changed noting that the Corporation has enough stock of fuel to ensure seamless supply and distribution of products across the country.

The corporation again emphasized that there is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide.

While enjoining motorists and other users of petroleum products to disregard trending rumours of an impending fuel price hike in some online news platforms, the NNPC said it has the full commitment of all downstream stakeholders including petroleum marketers and industry unions to cooperate in achieving zero fuel scarcity this season and beyond.

The NNPC enjoined motorists not to engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home.

The Corporation noted that its downstream subsidiary companies namely the Petroleum Products Marketing Company (PPMC) and NNPC Retail Limited are fully geared up to ensure that motorists enjoy uninterrupted access to petrol throughout the nation.

Leave a comment

Related Articles

‘I Left Over N300bln in State’s Coffers Before Emergency Rule’ – Rivers Gov. Fubara

Governor Siminalayi Fubara revealed on Wednesday that Rivers State had over N300...

House of Reps Flags Unauthorized Changes to Tax Laws

Rep. Abdussamad Dasuki has alerted the House of Representatives to alleged discrepancies...

Just In: 4 Onboard as Aircraft Crashes in Owerri

A Cessna 172, registered as 5N-ASR and operated by Skypower Express, crashed...

ADC’s Promotion Blocked After Military Protests, Tinubu Backs Down

President Bola Tinubu has reportedly halted the extraordinary promotion planned for his...

Defensive Woes Haunt Super Eagles in Egypt Friendly Ahead of AFCON 2025

Nigeria’s Super Eagles suffered a 2-1 defeat to Egypt in a friendly...

Gas Supply Issues Cripple National Grid, Power Generation Drops – NISO

By Joycelyn Ellakeche Adah Nigeria’s national electricity grid has experienced a decline...

Fagbemi Hails Supreme Court Ruling on Rivers Emergency, Says It’s a Win for Nigerians

The Attorney General of the Federation and Minister of Justice, Prince Lateef...

SGF Suspends NAFDAC’s Enforcement on Sachet Alcohol Ban

By Maryanne Awuya The Office of the Secretary to the Government of...

Tinted Glass Policy: NBA Threatens Legal Action Against IG, Police Spokesman

The proposed reinstatement of the motor vehicle tinted glass permit policy continues...

National Energy Survey: REA, NBS Partner to Strengthen Nigeria’s Power Sector Data

By Joycelyn Ellakeche Adah The Rural Electrification Agency (REA) and the National...

Insecurity and Women: FG Unveils Comprehensive Plan for Support and Protection

By Maryanne Awuya As part of efforts to address the impact of...

Just In: Ex-Chief Justice Of Nigeria Tanko Muhammad Exits 2 Weeks Shy of 72

Just two weeks to his 72nd birthday, former Chief Justice of Nigeria...

Dangote Provides Details of NMDPRA CEO’s Alleged $5m Swiss School Fees

Aliko Dangote, chairman of the Dangote Group, has revealed further details of...

Dangote-NMDPRA Rift: Reps Intervene, Summon Parties For Explanation

The House of Representatives Committee on Petroleum Resources (Downstream) has stepped in...

FG Pledges Support for Nigerian Army Modernization and Welfare

The Federal Government has reaffirmed its commitment to the Nigerian Army, promising...

Alleged N2.2bln Fraud: Buhari’s Minister Ngige to remain in Kuje prison till Dec. 18

Justice Maryam Aliyu Hassan of a High Court of the Federal Capital...

Just In: Nigeria’s Inflation Rate Drops to 14.45% in November 2025, Lowest in Five Years

Nigeria’s headline inflation rate has slowed down to 14.45% in November 2025,...

Emergency Rule: Supreme Court Justices Divided on President’s Power to Suspend Gov, Others

The Supreme Court affirmed the constitutional right of the President to declare...

AFCON 2025: 11 in Super Eagles Camp in Cairo With Latest Arrival, Zaidu Sanusi

Talented FC Porto defender Zaidu Sanusi has landed in Cairo, Egypt, significantly...

US Consulate Invites Nigerian Students to Pre-Departure Orientation

The US Consulate General in Lagos has announced a pre-departure orientation session...