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NNPC Limited confirms increase in fuel pump price nationwide

By Gift Luckson
Estimated reading time: Less than 1 minutes

NNPC Limited confirms increase in fuel pump price nationwide

NNPC Limited has confirmed the full deregulation of the downstream sector of the Nigerian Petroleum Industry with petrol now selling at market price following the removal of subsidy by President Bola Tinubu.

NNPC, in a statement by its Chief Corporate Communications Officer, Garba Deen Muhammad on Wednesday, said pump prices at its retail stations have been adjusted.

READ ALSO: FGN owes NNPC N2.8 trillion in subsidy payments, CEO reveals

The statement read, “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump price of PMS across our retail outlets in line with the current market realities.

“As we strive to provide you with the quality service we are known for, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.

“We assure you that NNPC Ltd. is committed to ensuring a ceaseless supply of products.

“The Company sincerely regrets any inconvenience this development might have caused.

“We greatly appreciate your continued patronage, support, and understanding through this time of change and growth”.

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