NNPC Ltd assures public: No plans for petrol price hike

NNPC Ltd spoke against the background of speculations that the price of petrol may be jacked up following the depreciation in the value of the naira.

The speculation has led to fuel queues in some parts of the country where filling stations seemed to be hoarding the product.

But the Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Thursday, urged Nigerians to disregard unfounded rumours.

Soneye assured the general public that there were no plans for an upward review of the price of PMS.

“Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country,” he said. (NAN) (www.nannews.ng)