NNPC Petrol Price Update for January 2024
Wednesday 3 January 2024
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In response to circulating reports suggesting an impending surge in petrol prices to N1,200 per litre, the Nigerian National Petroleum Company (NNPC) Limited has unequivocally denied any such plans. The NNPC dismisses these claims, addressing the speculation that fuel prices would see a nationwide increase.
Contrary to the rumors that surfaced on Wednesday, the NNPC, through a statement signed by its Group Communications Officer, Olufemi Soneye, asserts that there are no intentions to raise the price of fuel. The statement highlights the unfortunate nature of the headlines, particularly those implying a clash with any party. CONTINUE READING.....
Emphasizing their transparency, the NNPC clarifies that the reported subsidy reduction does not translate to an increase in petrol prices. Instead, the subsidy has been entirely removed, marking a shift in the dynamics of fuel pricing in the country.
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This development has generated mixed reactions, with stakeholders and the public closely monitoring the situation. It is crucial to note that the NNPC aims to quell misinformation surrounding the alleged price hike and reassure the public that there are no imminent plans for such an increase. CONTINUE READING....
For more details on NNPC's response and clarification, you can access the original article Stay informed with accurate and verified information as NNPC navigates the dynamics of fuel pricing in January 2024.
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We(Nigeria 🇳🇬) just hope this will not be a disappointment later
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