NNPCL Denies Alleged Plan To Increase Petrol Pump Prices

Since President Bola Tinubu assumed office on May 29, declaring that “fuel subsidy is gone”, the NNPC has increased its prices at least twice.

The Nigerian National Petroleum Company (NNPC) Limited has refuted claims that it plans to increase its pump prices for Premium Motor Spirit, commonly referred to as petrol.

The company’s management, in a statement shared Friday on X, said this was contrary to speculation.

“Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated,” the statement read.

Total
0
Shares
Related Posts
Read More

ZENITH BANK EMERGES “BANK OF THE YEAR, NIGERIA” IN THE BANKER AWARDS 2022

Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2022. The award, which was announced by The Banker Magazine, Financial Times Group, United Kingdom, during the awards ceremony held in London on December 1, 2022, was in recognition of Zenith Bank's strong management, sound business model and strategy, support for small businesses and efforts to cut energy consumption. According to the Banker, Nigeria's Bank of the Year award was among the continent's most hotly contested this year, befitting the country's status as Africa's largest economy. This is coming on the heels of the award as Number One Bank in Nigeria by Tier-1 Capital by The Banker won by Zenith Bank earlier in the year.