No Plan For Fresh Petrol Price Hike, Says NNPC As Queues Resurface…
Written by City Radio on August 15, 2023
The Nigerian National Petroleum Company (NNPC) Limited says it has no plan to raise the pump price per litre of Premium Motor Spirit (PMS) also known as petrol.
In a terse statement on Monday night, the company urged Nigerians to disregard speculations of a fresh hike in price of the premium product.
The President of the Nigeria Labour Congress (NLC), Joe Ajaero, had on Monday, warned the NNPC Limited against fresh petrol price hike.
However, NNPC Limited Spokesman, Muhammad Garbadeen, in a statement, said the company has no intention to increase petrol price for the third consecutive time since the removal of petrol subsidy on May 29, 2023.
Vehicles queue up to purchase petrol at an NNPC station on Tuesday, July 15, 2023.
There seemed to be no respite for Nigerians after President Bola Tinubu announced the removal of petrol subsidy in his inaugural speech on May 29, 2023.
The Group Chief Executive Officer of the NNPC Limited, Mele Kyari, had blamed the second petrol price hike on market forces.
CityRadio 89.7FM