Less than 48hrs after the Federal Government announced the removal of oil subsidy resulting in panic buying and artificial scarcity, the Nigerian National Petrol Company (NNPC) Limited has increased the price of its petroleum product across the country.
NNPCL in a statement issued by its Chief Corporate Communications Officer, Garba Deen Muhammad, on Wednesday, Abuja, said the new fuel pump price will continue to fluctuate to reflect the market dynamics.
His words, “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.”
