The Nigerian National Petroleum Corporation (NNPC) says it has no plans to increase the pump price of Premium Motor Spirit (PMS), also called petrol. In a statement, the Group General Manager in the Public Affairs Divisions of the Corporation Mr Ndu Ughamadu assured motorists and other consumers of petroleum products that the pump price of petrol still remains N143 per litre in NNPC Retail outlets and N145 in other fuel stations, while PMS ex-depot price of N133.28k per litre to marketers is still being maintained.
He also stated that in the last few weeks, the corporation has increased its daily truck-outs of PMS per day to ensure petrol sufficiency across the states of the federation.
Sufficiency of petroleum products
Mr Nduhamadu further assured motorists and other consumers of petroleum products that the NNPC still has a robust sufficiency of petroleum products to cater for their daily consumption.
He then cautioned Marketers against hoarding or diversion, as law enforcement agencies have been enjoined to deal appropriately with defaulters.
He therefore affirmed that the NNPC has no intension, whatsoever, to execute any increase in the pump price of petrol, as such the price of PMS still stands at N143 per litre in all NNPC Retail outlets and N145 per Litre in other fuel stations.
