Breaking news: NNPC reveals plans to decrease prices of petrol and diesel.

The Nigeria National Petroleum Corporation (NNPC) has refuted claims of reducing the prices of Premium Motor Spirit and Automotive Gas Oil. Olufemi Soneye, the Chief Corporate Communications Officer of NNPC, issued a statement on Wednesday dismissing the circulating rumors as false and urged the public to disregard them. The statement emphasized NNPC’s commitment to maintaining adequate supply of petroleum products across its retail outlets nationwide.

In addition, NNPC’s Executive Vice President

In addition, NNPC’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, highlighted the corporation’s gas strategy aimed at driving Nigeria’s industrialization and economic growth.

Speaking at the 2024 CERAWeek Conference in Houston, United States, Eyesan emphasized Nigeria’s significant gas reserves and NNPC’s plans to enhance domestic gas utilization for industrial development. She underscored NNPC’s efforts in infrastructural gas development and its focus on reducing emissions and eliminating gas flaring to maximize the country’s energy transition. #naijaeyesblog