The Nigerian National Petroleum Company Limited (NNPCL) has dismissed speculations that it is planning to increase the price of Premium Motor Spirit (PMS) to about N750 per litre.
Tribune Online reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) hinted a few days ago about a likely 10% increase in the price of PMS.
In an interview with Tribune Online, the IPMAN National spokesperson, Mr. Chinedu Ukadike, said “There will be a 10 percent increase because the dollar was N750, and now it is over N900. That is almost a 20% increase. If you apply this, you should be talking about N750 per litre,” says Ukadike.
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Reacting to the claim, NNPCL, via a statement made available on its verified Facebook page, late Monday, refuted the speculations.
According to NNPCL, no such plan is on the table, adding that they value the patronage from esteemed Nigerians.
The statement reads, “Dear esteemed customers, we at NNPCL Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated. Please buy the best quality products at the most affordable prices at our NNPC Retail Stations nationwide.”
The Speaker of the House of Representatives, Hon. Abbas Tajudeen has condemned, in strong terms, the killings of two individuals at the Kofar Gayan area of Zaria during an attack by suspected bandits on Saturday night.….…
(Tribune)
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