'The one you increased, did you inform us?' - Knocks as NNPCL debunks rumors it plans to sell petrol for N720 per litre

The Nigeria National Petroleum Company Limited (NNPC) has dismissed viral reports that it intends to increase the pump price of Premium Motor Spirit, popularly called petrol.

In a post shared on X (formerly called Twitter), the retail arm of NNPC debunked the media reports that fuel would rise to between N680/liter and N720/liter in the coming weeks.

In a move to swiftly quell these rumors, NNPC Retail emphasized that there is no intention to implement such a price hike.

"Dear esteemed customers, we at NNPC Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated. Please buy the best quality products at the most affordable prices at our NNPC Retail Stations nationwide," NNPC Limited in a tweet.

This tweet has generated mixed reactions on social media.

This mean, you will increase fuel pump price, anything you guys debunked, you end up doing it, the news broke out at the time u haven't plan to increase it yet, that's why you are debunking it.

— Tobi Akinbo J. (@realTobiAkinbo) August 14, 2023

How did you end up as a private company without the consent of the Nigerian people?

Who gave you approval to privatise our national assets so you can have private share holders?

— ladygeneral (@jennyresse) August 15, 2023

The one you increased, did you inform us?

— Kaykay (@Kay_kay4u) August 14, 2023

What do you mean by affordable please?

— Moderate Ustaz. (@moderate_ustaz) August 15, 2023

You are nothing but a criminal Enterprise meant to benefit a few. Whenever there’s a rumor and you come out to deny it, we know that the truth is not far away. We trust God that one day the whole house will be dismantled and everyone that has benefited from your illegal…

— SOJ (@iamokama1) August 15, 2023