NNPC Retail, the marketing arm of the Nigerian National Petroleum Company Limited has strongly denied any plans to increase the pump price for Premium Motor Spirit (PMS), commonly known as petrol.

The denial came amid widespread speculation surrounding potential price hikes. The company assured its loyal patrons that they can continue to expect the same affordable prices and high-quality products at all NNPC Retail stations nationwide.

The assurance is a welcome relief to consumers who have been anxiously monitoring fuel prices due to recent market fluctuations. NNPC Retail, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has long been known for providing reliable and affordable fuel options to citizens across the country.

“We value your patronage and understand the concerns you may have regarding potential price increases. However, we want to reassure you that our commitment to delivering the best quality products at the most affordable prices remains unwavering,” the statement read. The company’s announcement resonated positively with customers, many of whom took to social media to express their appreciation for NNPC Retail’s assurance in the face of strong speculations about an imminent increase in the pump price of petrol following the slump in the value of the naira.