No plan to hike fuel price -NNPC

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The Nigerian National Petroleum Corporation, NNPC, yesterday, denied any plan to further hike the price of Premium Motor Spirit, PMS, also known as petrol, stating that current realities on ground didn’t support any increase.

Addressing newsmen in Abuja, Group General Manager, Group Public Affairs Division of the NNPC, Mr. Muhammad Garba-Deen, said there was absolutely no plan by the Federal Government or the NNPC to increase fuel price above the N145 maximum level.

According to him, if there is going to be anything like a price hike, the agency responsible for fixing the price of petrol, the Petroleum Products Pricing Regulatory Agency, PPPRA, will definitely sensitise Nigerians on it and give reasons for the hike.

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