The Nigerian National Petroleum Company (NNPC) Ltd. has affirmed to the public that there are no immediate intentions to raise the price of Premium Motor Spirit (PMS), commonly referred to as petrol.

NNPC Ltd. encourages Nigerians to dismiss baseless rumors and assures them that there are no considerations for increasing the price of PMS.

Motorists nationwide are cautioned against participating in panic buying, as there is currently an abundant supply of PMS throughout the country.