Connect with us

Business

NNPCL Promises Relief: No Fuel Price Hike in the Works, Assures Nigerians

Published

on

NNPC Limited and marketers have officially quashed rumors of an upcoming petrol price hike. Marketers have firmly backed NNPC’s decision to maintain prices at the current rates of N600 and N630 per litre.

Furthermore, speculations about the reinstatement of petrol subsidies, which were removed by President Bola Tinubu, have been clarified.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reiterated NNPC Limited’s stance that there are no intentions to raise petrol pump prices. Assuring the public, Abubakar Maigandi, IPMAN president, emphasized that the prices will stay unchanged at N600 to N630 per litre unless directed otherwise by NNPC.