The Nigerian National Petroleum Company Limited on Thursday said it was not planning to increase the cost of Premium Motor Spirit, known as petrol.
The NNPCL in a statement by its Chief Corporate Communications Officer, Olufemi Soneye, urged Nigerians against panic buying of petrol.
The statement read, “NNPC Ltd. 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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