[News] : No plan to hike fuel price – NNPC

The Nigerian National Petroleum Corporation, NNPC,Wednesday, expelled claims that it was wanting to climb the cost of Premium Motor Spirit, PMS, otherwise called petrol. The NNPC, in an announcement in Abuja, additionally exhorted drivers to stop from frenzy purchasing of petroleum items as it has more than 1.3 billion liters supply of PMS, which is adequate to serve the country for over 38 days.

It stated: “NNPC wishes to guarantee Nigerians that there is no particle of truth in the talk that administration is booked to alter pump cost of petrol. Without a doubt, with the resumption of generation by the organization’s three refineries in Kaduna, Port Harcourt and Warri, supplemented by imports, there is sufficient load of PMS, Automotive Gas Oil, AGO, diesel and lamp fuel.” “This much was clarified on Tuesday by NNPC Chief Operating Officer of the Refineries, Mr. Anibor Kragha, while instructions the Senate Committee on Petroleum Downstream in a presentation on the present status of the refineries at the National Assembly Complex in Abuja.”