The Nigerian National Petroleum Company Limited (NNPCL) has refuted allegations suggesting a reduction in the pump prices of petrol and diesel.
According to Olufemi Soneye, the spokesperson for NNPCL, the claims circulating on social media platforms are false and should be disregarded by Nigerians.
Various posts on social media platforms on Tuesday and Wednesday had erroneously stated that NNPCL had lowered the pump price of petrol to below N600 and adjusted diesel prices below N900.
Reacting, the firm said: “The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit and Automotive Gas Oil at its retail stations nationwide.
“The company asserts that these reports are false and urges Nigerians to disregard them entirely.
“NNPC Ltd reaffirms its commitment to sustaining the current sufficiency in petroleum products supply across all its retail stations in the country.”
It was reported that the pump of petrol skyrocketed following the removal of fuel subsidy by President Bola Tinubu on May 29, 2023, rising to over N600 naira from about N200 until the end of the Muhammadu Buhari administration.
