The NNPCL has announced adjustment of pump price for premium motor spirit (PMS), popularly known as petrol.
The price adjustment is sequel to the pronouncement of the President, Federal Republic of Nigeria, Bola Ahmed Tinubu in his inaugural speech which he stated that ‘fuel subsidy is gone’.
Consequently, fuel outlets have implemented a new price regime, even though the stock in their dumps was acquired with subsidy.
Netizens have therefore reacted angrily to Development.
The release:
PRESS STATEMENT
ADJUSTMENT IN PUMP PRICE OF PMS
NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets, in line with current market realities.
As we strive to provide you with the quality service for which we are known, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.
We assure you that NNPC Limited is committed to ensuring a ceaseless supply of products.
The company sincerely regrets any inconvenience this development may have caused.
We greatly appreciate your continued patronage, support, and understanding during this time of change and growth.
Garba Deen Muhammad
Chief Corporate Communications Officer
NNPC Ltd.
Abuja.
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