The Nigerian National Petroleum Company Limited (NNPCL) has denied allegations of a downward review of fuel prices attributed to it on Wednesday.
The energy company was responding to media reports of a reduction in pump pricing for Premium Motor Spirit and Automotive Gas Oil.
Olufemi Soneye, Chief Communications Officer at NNPCL, denied the rumours in a statement made accessible to journalists.
He urged the public to disregard such reports.
The statement reads, “The NNPC Limited wishes to clarify rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide.
“The company asserts that these reports are false and urges Nigerians to disregard them entirely.
“NNPCL reaffirms its commitment to sustaining the current sufficiency of petroleum product supply across all its retail stations in the country.”