The Nigeria Nationwide Petroleum Firm (NNPC) Restricted and the Unbiased Petroleum Entrepreneurs Affiliation of Nigeria (IPMAN) have suggested Nigerians in opposition to panic-buying of gasoline.
They’ve additionally denied rumours suggesting an imminent increase in the pump price of Premium Motor Spirit (PMS), generally referred to as petrol.
In a current report, tensions have escalated between gasoline entrepreneurs and the NNPC relating to ongoing authorities subsidy funds.
This battle has raised issues that the discontinuation of under-recovery of gasoline prices would possibly result in a possible improve within the commodity price to N1,200 per litre.
Nevertheless, Okanlawon Olanrewaju, the Public Relations Officer of IPMAN, clarified on Channels Tv on Thursday that gasoline entrepreneurs don’t have any plans to lift gasoline costs.
“So far as the impartial entrepreneurs are involved, we don’t have plans or plans to extend gasoline pump worth,” he mentioned on Thursday.
“There isn’t any foundation for that for now. There isn’t any sign from NNPC that we should always improve. So, we can not do this on our personal besides NNPC comes out and says we’re going to improve pump worth. On our personal, there may be nothing like that.
“I need to use this chance to attraction to the general public to cease panic shopping for. There’s nothing like that (gasoline worth increment). It’s only a hearsay,” he mentioned.
In the identical vein, Femi Soneye, the Chief Company Communications Officer of NNPC, in a press release launched yesterday, the state-owned firm reassured the general public that there isn’t any fast plan to lift the price of petrol.
“NNPC Ltd affirms to the general public that there isn’t any impending improve in the price of Premium Motor Spirit, generally referred to as petrol. NNPC Ltd urges Nigerians to dismiss baseless rumors and ensures that there aren’t any intentions for an upward revision of the PMS worth.
“Motorists nationwide are cautioned in opposition to taking part in panic shopping for, as there may be presently an ample provide of PMS throughout the nation,” the assertion said.
