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Why We Will Never Increase Fuel Price – NNPC

There won’t be any increase in price of Premium Motor Spirit (PMS) also known as petrol the Nigerian National Petroleum Corporation, NNPC has disclosed.

NNPC has advised motorists to desist from panic buying of petroleum products as it has over 1.3 billion litres stock of PMS.

We won't increase fuel price - NNPC
NNPC said petrol remains N145 per litre

The coporation said the available litres is sufficient to serve the nation for more than 38 days.

“NNPC wishes to assure Nigerians that there is no iota of truth in the rumour that government is scheduled to adjust pump price of petrol. Indeed, with the resumption of production by the corporation’s three refineries in Kaduna, Port Harcourt and Warri, complemented by imports, there is enough stock of PMS, Automotive Gas Oil, AGO, diesel and kerosene.”

“This much was explained on Tuesday by NNPC Chief Operating Officer of the Refineries, Mr. Anibor Kragha, while briefing the Senate Committee on Petroleum Downstream in a presentation on the current status of the refineries at the National Assembly Complex in Abuja.”


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