NNPC adjusts pump price of petrol
Economy Oil & Gas

NNPC adjusts pump price of petrol

NNPC Limited has announced an adjustment to pump prices of petrol (PMS) across its retail outlets, in line with current market realities.

Garba Deen Muhammad, Chief Corporate Communications Officer of the NNPCL issued the announcement in a statement on Wednesday in Abuja.

News petrol price template

According to the statement, pump prices at NNPC’s retail outlets will now begin to vary to match market trends.

“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 will ensure a ceaseless supply of products.

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“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,” the statement read.

President Bola AhmedTinubu had on Monday said the petrol subsidy would end in June 2023 as contained in this year’s budget.

The NewsZenith reports that marketers have been selling petrol for as high as N500 in parts of Lagos since yesterday (Tuesday).


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