.jpeg)
The company’s management clarified this in a statement on
Twitter on Friday, following widespread speculation of a price hike.
“We do not intend to increase our PMS pump prices as widely
speculated,” the statement said. “Please buy the best quality products at the
most affordable prices at our NNPC Retail Stations nationwide.”
The NNPCL is Nigeria’s sole importer of refined petroleum
products. It has increased petrol prices twice since removing the fuel subsidy
in May 2023.
The current pump price of petrol in Nigeria is N617 per
liter. This is significantly higher than the pre-subsidy price of N184 per
liter.
The removal of the petrol subsidy has been a controversial
issue in Nigeria. The government has argued that the subsidy was unaffordable
and that its removal would help to reduce corruption and improve efficiency in
the oil sector.
However, critics of the subsidy removal say that it has
placed a heavy burden on ordinary Nigerians, who are already struggling to cope
with the high cost of living.
It remains to be seen whether the NNPCL will stick to its
word and refrain from increasing petrol prices in the near future. However, the
company’s statement will likely provide relief for Nigerians struggling to make
ends meet.
.jpeg)
.jpeg & description=NNPCL Reacts to Alleged Plan to Increase Petrol Pump Price){kind=link}
0 comments:
Post a Comment