{"id":164722,"date":"2022-03-21T05:35:48","date_gmt":"2022-03-21T04:35:48","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=164722"},"modified":"2022-03-21T05:36:31","modified_gmt":"2022-03-21T04:36:31","slug":"nnpc-depot-prices-of-pms-not-increased","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/03\/21\/nnpc-depot-prices-of-pms-not-increased\/","title":{"rendered":"NNPC: Depot prices of PMS not increased"},"content":{"rendered":"<p>The Nigerian National Petroleum Company (NNPC) Limited has stated that it has not reviewed the prices of premium motor spirit (PMS) at depots.<\/p>\n<p>The claim suggesting an increment was denied on Sunday by the national oil company via its official Twitter page.<\/p>\n<p><span class=\"acssf62a8\">The company\u00a0<\/span><span class=\"acssf62a8\">advised the public and relevant stakeholders to disregard the information.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cIt has come to the attention of the NNPC Ltd that the Company has reviewed ex-coastal, ex-depot and NNPC Retail prices. This is not true,\u201d <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/03\/03\/nnpc-asks-nigerians-to-avoid-panic-buying-says-1-7bn-litres-of-petrol-in-stock\/\">NNPC<\/a> tweeted.\u00a0<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cIt is fake news obviously concocted to cause confusion and to undermine the progressive drive of the NNPC to restore normalcy to the market.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cThe general public and in particular industry operators at all levels should disregard this mischievous act of misinformation.<\/span><\/p>\n<p><span class=\"acssf62a8\">\u201cNNPC Ltd remains focused and determined to reposition itself to provide value to its shareholders, while meeting its statutory obligation as provider of energy security for our country.\u201d<\/span><\/p>\n<p>Recall that the federal government had stated that it will impose sanctions on depot owners<span class=\"acssf62a8\">\u00a0selling petroleum products above the approved ex-depot price.<\/span><\/p>\n<p><span class=\"acssf62a8\">The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG)\u00a0<\/span>had also said it would not lift products for depot owners selling petrol above the official price.<\/p>\n<p><span class=\"acssf62a8\">Last month, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had confirmed that<\/span><span class=\"acssf62a8\">\u00a0petrol with methanol quantities above Nigeria\u2019s specification was discovered in the supply chain.<\/span><\/p>\n<p><span class=\"acssf62a8\">The development led to the scarcity of the commodity as passengers waited long hours to fill up their tanks and more fuel stations shut down services.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Company (NNPC) Limited has stated that it has not reviewed the prices of premium motor spirit (PMS) at depots. The claim suggesting an increment was denied on Sunday by the national oil company via its official Twitter page. The company\u00a0advised the public and relevant stakeholders to disregard the information.\u00a0 \u201cIt has [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":120429,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[1193,8593,33075,3050],"class_list":["post-164722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-nnpc","tag-nupeng","tag-oil-depots","tag-premium-motor-spirit-pms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NNPC: Depot prices of PMS not increased<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Company (NNPC) Limited has stated that it has not reviewed the prices of premium motor spirit (PMS) at depots.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/03\/21\/nnpc-depot-prices-of-pms-not-increased\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC: Depot prices of PMS not increased\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Company (NNPC) Limited has stated that it has not reviewed the prices of premium motor spirit (PMS) at depots. 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