Breaking: NNPCL confirms fuel pump price

NNPC Limited, on Wednesday, confirmed that there had been an increase in the fuel pump prices at all its retail outlets.

This followed the announcement of the President Bola Ahmed Tinubu, on Monday.

The development has since led to scarcity of fuel as some filling stations were been shot, others were selling at exorbitant prices including the NNPCL.

Findings by NATIONAL TELESCOPE revealed that some filling stations were selling between N500 and N600 per litre while NNPCL retail stations in Abuja cities have raised their prices to over N500 per litre from N195 per litre.

Confirming the increase in a statement, the NNPCL Chief Corporate Communications Officer, Garba Deen Muhammad stated that the pump price at its retail stations has been adjusted.

It read, “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump price of PMS across our retail outlets, in line with the current market realities.

“As we strive to provide you the quality service we are known for, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.

“We assure you that NNPC Ltd. is committed to ensuring the ceaseless supply of products.

“The Company sincerely regrets any inconvenience this development might have caused.

“We greatly appreciate your continued patronage, support, and understanding through this time of change and growth”.

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