Just in: NNPC debunks report on increment of petrol pump price to N1,200.
The Nigerian National Petroleum Company (NNPC) Limited has debunked reports of plans to increase the price of petrol to N1,200 per litre.
Reports emerged and in circulation on Wednesday that NNPC will announce a new increase in the price of fuel across the country.
Reacting to the report which has generated mixed reactions from Nigerians, NNPC said there are no plans to increase the price of fuel.
The statement which was signed by the NNPC, Group Communications Officer, Olufemi Soneye read,
“NNPC Ltd emphasises it has not clashed with any party. The Punch headline is deemed unfortunate.
“The publication sought confirmation on the alleged subsidy reduction, to which NNPC responded that the subsidy has been entirely removed.”
Due to the Wednesday report in circulations, Nigerians already began to panic and many are still wondering how life would turn if it goes as reported earlier.
” A resident of Nasarawa, Maxwell Stephen said ” Me I have to think of leaving this country anyhow to avoid dying here. I already know how hard life had become for me recently, another fuel pump hike would just deflate the small hope remaining in me”.