No Increase in PMS Prices, NNPC Assures Nigerians

 

The Nigerian National Petroleum Company (NNPC) Limited assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.

NNPC Limited urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price.

Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.

Olufemi O. Soneye

Chief Corporate Communications Officer

NNPC Limited

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Nigeria’s Private Sector Launches Gender Country Program to Unlock Inclusive Growth

Senior government officials, regulators, development finance institutions and business...

SERAP Sues INEC over ‘Failure to Probe Alleged N800bn FAAC Diversion for Campaign Funding’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit...

Topics

Stanbic IBTC, LBS Partnership Trains 3,500 Entrepreneurs

As part of its commitment to help stimulate and...

MTN Unveils Nigeria’s First Nationwide VoLTE Call Service

Leading technology company MTN Nigeria has launched Voice over Long-Term...

Former GMDs Applaud NNPC at CEO Forum in Abuja

We, the former Group Managing Directors (GMDs) of NNPC,...

Nigeria: Experts See Optimistic 2O16

A cross section of local and offshore experts believes...

9mobile on the Verge of Collapse

The decision of Teleology Holdings Limited to exit 9mobile...

COVID-19: Ecobank Nigeria Supports States with Food Items

Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possibleShe remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organisation (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.    

‘No Silicon Valley for Africa’

Recently, the city of Cape Town, South Africa welcomed...

MTN Launches Mobile Money API Hackathon

In pursuit of its goal to contribute to bridging...
spot_img

Related Articles

Popular Categories

spot_imgspot_img