Energy

Petrol: NNPC rules out price increase, warns against panic buying

The Nigerian National Petroleum Company (NNPC) Ltd. Has ruled any planned increment in the price of Premium Motor Spirit (PMS), commonly known as petrol.

The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Thursday, February 8, urged Nigerians to disregard unfounded rumours.

Oil revenues: NNPC, CBN review seamless banking operation

Soneye assured 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.

The Star

Editor

Recent Posts

Court dismisses Aisha Achimugu’s N10bn suit against EFCC

The Federal High Court in Abuja has dismissed a N10bn fundamental rights suit filed by…

43 minutes ago

EFCC arraigns Nigerian-American over $320,000 vehicle import fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned a Nigerian-American, Oluwatobi Adegoke, over an…

45 minutes ago

Wike moves to deliver FCT, Rivers for Tinubu in 2027

LMinister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that he will coordinate…

53 minutes ago

Nigerian Army expands to 12 divisions as COAS seeks stronger joint operations

The Nigerian Army’s expansion from eight to 12 divisions must translate into improved combat capability…

2 hours ago

EFCC arraigns ALSCON, director over N582.4m money laundering

The Economic and Financial Crimes Commission (EFCC) has arraigned Aluminium Smelter Company of Nigeria (ALSCON)…

2 hours ago

Makinde appoints new chief of staff, other aide

Oyo State Governor Seyi Makinde has appointed Akinwale Akinwole, popularly known as Wolekanle, as his…

2 hours ago

This website uses cookies.