By Ikugbadi Oluwasegun
Nigerian National Petroleum Company (NNPC) Limited has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
This was disclosed in a statement issued on Wednesday by Olufemi O. Soneye, Chief Corporate Communications Officer NNPC, he said, “NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price”.
Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.