The Nigerian National Petroleum Company (NNPC) Ltd. on Thursday assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd., in a statement, urged Nigerians to disregard unfounded rumours while assuring the general public that there were no plans for an upward review of the price of PMS.
“Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country,” he said.
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