The Nigerian National Petrol Company (NNPC) Limited has confirmed the hike in the pump price of Premium Motor Spirit (PMS), popularly known as petrol.
This is coming some 48 hours after President Bola Tinubu announced an end to the subsidy era during his inaugural speech at Eagle Square on May 29, 2023.
NNPC spokesman, Garba Deen Muhammad, in a statement on Wednesday informed that the price of the essential commodity has been adjusted to its retail outlets nationwide.
He, however, noted that the price per litre of petrol will continue to fluctuate to reflect market dynamics.
“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,” the statement partly read.
“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,” it added.
US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in…
President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe…
The Ekiti State Government has reached an agreement with labour leaders in the state,…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated the seventh…
Iraq is holding its first nationwide census in nearly four decades this week, a long-awaited…
Over 300 constituents of Akinyele/Lagelu Federal Constituency in Oyo State benefitted from a skill…