The Nigerian National Petroleum Company, NNPC, Limited has just confirmed the change in the prices of petroleum in the country.
BizPoint reports that the pronouncement by President Bola Ahmed Tinubu that fuel subsidy is gone at his inauguration on Monday sparked fuel crisis in the country as the product is sold above N500 at most filling stations amidst long queues nationwide.
The NNPCL however confirmed the increment in the price in a statement by Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd. Abuja on Wednesday.
Read the statement below:
PRESS STATEMENT
ADJUSTMENT IN PUMP PRICE OF PMS
NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets, in line with current market realities.
As we strive to provide you with the quality service for which we are known, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.
We assure you that NNPC Limited is committed to ensuring a ceaseless supply of products.
The company sincerely regrets any inconvenience this development may have caused.
We greatly appreciate your continued patronage, support, and understanding during this time of change and growth.
Sign
Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd. Abuja.
