"N720 per litre": NNPC issues strong statement on fuel price hike

  • The NNPC has urged Nigerians to disregard the reports on proposed increment in the cost price of fuel
  • The NNPC made this disclosure while reacting to reports that there are fresh plans to raise the price of petrol from the current N617 to N680 per litre, N720 and N750 per litre
  • Reacting on Monday, in Abuja, the NNPC has urged its customers to speculations being made in some quarters

The Nigeria National Petroleum Company Limited (NNPC) has maintained it has no intentions of increasing the pump price of Premium Motor Spirit, popularly called petrol.

The retail arm of the NNPC in a post shared on its Twitter page debunked the media reports that fuel would rise to between N680/litre and N720/litre in the coming weeks.