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NNPC denies plans to increase fuel pump price

  The Nigerian National Petroleum Corporation,says it has no plan to increase price of premium motor spirit, also known as petrol in country.

According to a statement by the Group General Manager Public Affairs Division Ndu Ughamadu, the pump price of petrol remains N143 per litre in NNPC Retail outlets and N145 in other fuel stations, while maintaining PMS ex-depot price of N133.28k per litre to marketers.

The statement further stated that In the last few weeks, the corporation has increased its daily truck-outs of PMS per day to ensure petrol sufficiency across the the country.

It further assured Motorists and other consumers of petroleum products that NNPC has a robust sufficiency of petroleum products to cater for their daily consumption” .

The NNPC cautioned “Marketers against hoarding or diversion, as law enforcement agencies have been enjoined to deal appropriately with defaulters”.

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