NNPC speaks on ‘plan to reduce fuel price’

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The Nigerian National Petroleum Company  (NNPC) has reacted to rumours that it has reduced the pump price of petrol and diesel at its retail outlets.

Social media space has been awash with the rumour of a reduction in the price of petrol purportedly announced by the NNPCL.

But in a statement issued by its Chief Communications Officer, Olufemi Soneye, the NNPCL gave an assurance of the product’s availability in all its retail outlets nationwide.

The statement reads in part: “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 in petroleum products supply across all its retail stations in the country,” the NNPCL added.

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