The Nigerian National Petroleum Company Limited (NNPCL) has refuted report flying around about a possible increment in the retail price of petroleum.
The oil firm said this in a statement posted via its official Twitter account on Monday night.
The NNPCL said it has no plan to raise petroleum pump prices from the current N617 per litre to between N720 and N750 in the coming weeks, as widely speculated.
“Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our petrol motor spirit (PMS) pump prices as widely speculated.
“Please buy the best quality products at the most affordable prices at our NNPC Retail stations nationwide,” the NNPCL said