By Chineme Okafor in Abuja
The Nigerian National Petroleum Corporation (NNPC) has said it has no plans to increase the prices of petroleum products both at the ex-depot level and filling stations’ pump prices ahead of the forthcoming Christmas celebration.
It said in a statement from its Group General Manager, Public Affairs, Mr. Ndu Ughamadu, on Monday in Abuja that its ex-depot price of petrol was still N133.38 per litre, while petrol pump price remained N143 to N145 per litre.
NNPC said these prices have not changed, and that it has enough stock of petrol to ensure seamless supply and distribution of it across the country.
The corporation enjoined motorists and other users of petroleum products to disregard trending rumours of an impending fuel price hike, adding that it has the full commitment of all downstream stakeholders including petroleum marketers and industry unions to cooperate with it in achieving a zero fuel scarcity this season and beyond.
It also asked motorists not to engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home, noting that its downstream subsidiary companies, the Petroleum Products Marketing Company (PPMC) and NNPC Retail Limited, were fully prepared to ensure that motorists enjoy uninterrupted access to petrol throughout the country.