Agboje Chukwuma
The Nigerian National Petroleum Company (NNPC) Limited has debunked reports flying in the media space about the purported increase in the price of petrol to N1,200 per liter.
Reports on Wednesday emerged that NNPC had increased the price of fuel across the country.
But reacting to the report which had generated amidst reactions by Nigerians, NNPC said there was no plan to hike the price of fuel.
This was affirmed through a statement signed by the NNPC, Group Communications, Officer, Olufemi Soneye read, “NNPC Ltd emphasized it has not clashed with any party as rumored by Punch headline, which Mr. Olufemi has termed ‘unfortunate.’
“The publication sought confirmation on the alleged subsidy reduction, to which NNPC responded that the subsidy had been entirely removed.”
