Home Economy No Increase in PMS Prices, NNPC Ltd. Assures Nigerians
Economy - Oil & Gas - Top News - February 8, 2024

No Increase in PMS Prices, NNPC Ltd. Assures Nigerians

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

NNPC Ltd, in a statement by Mr Olufemi Soneye,  Chief Corporate Communications Officer, 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.”

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