In a bid to allay fears and quell speculations, the Nigerian National Petroleum Company Limited (NNPCL) has unequivocally stated that there are no immediate plans to increase the pump price of petrol in the country. This assurance comes amidst concerns and rumors of an impending price hike, which have caused anxiety among motorists and consumers.
The NNPCL, in a statement issued by its spokesperson, Garbadeen Muhammad, emphasized that the company remains committed to ensuring a stable and uninterrupted supply of petroleum products across the country. Muhammad stated that the NNPCL has sufficient stock of petrol to meet the nation’s demand and that there is no need for panic buying or hoarding of the product.
“We want to assure the general public that there is no plan to increase the price of petrol. We have enough stock of the product and we are working assiduously to ensure a seamless supply nationwide,” Muhammad said.
The NNPCL’s assurance aligns with the recent statement by the Minister of State for Petroleum Resources, Timipre Sylva, who also dispelled rumors of an imminent fuel price hike. Sylva reiterated the government’s commitment to ensuring that Nigerians continue to enjoy the benefits of the current stable fuel prices.
The NNPCL’s clarification on the fuel price issue is a welcome development, as it provides clarity and reassurance to consumers. The company’s commitment to maintaining a stable supply of petrol is crucial for the smooth operation of businesses and the overall economic well-being of the nation.
Motorists and consumers can breathe a sigh of relief, knowing that there are no immediate plans to increase the pump price of petrol. The NNPCL’s assurance is a testament to the government’s efforts to protect the interests of the Nigerian people and ensure the availability of affordable petroleum products.