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NNPC denies alleged fuel price reduction amid social media claims

Spokesperson Dismisses Rumors, Urges Nigerians to Disregard Misinformation

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The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims circulating on social media platforms suggesting a reduction in the pump prices of petrol and diesel. In a statement issued by the NNPCL spokesperson, Olufemi Soneye, the company categorically dismissed the rumors as false and urged Nigerians to disregard them.

Reports circulating on various social media platforms on Tuesday and Wednesday had purported that the NNPCL had adjusted the pump price of petrol below N600 and that of diesel below N900. However, the NNPC swiftly responded to clarify that there had been no such adjustments in fuel prices.

“The NNPC Limited wishes to clarify rumors 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,” the statement read.

The NNPC emphasized its commitment to maintaining the current sufficiency in petroleum product supply across all its retail stations nationwide. This clarification comes amidst public concerns over rising fuel prices following the removal of fuel subsidy by President Bola Tinubu on May 29, 2023.

Since then, the cost of petrol has surged, reaching over N600 from approximately N200 during the Muhammadu Buhari administration. Despite these challenges, the NNPC reassures the public of its dedication to ensuring steady fuel supply across the country, urging citizens to remain vigilant against misinformation.

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