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PH Refinery Yet to Announce New PMS Price, Says PETROAN
There has been no update on the price of Premium Motor Spirit (PMS) following reports about the Port Harcourt refinery’s operations, according to the Petroleum Products Retail Outlets Association of Nigeria (PETROAN).
In a statement, PETROAN clarified that despite the anticipated changes from the refinery, no new PMS price has been released. This leaves motorists and industry stakeholders in limbo as they await clarity on pricing adjustments.
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As the country’s refineries undergo a series of reforms and updates, the uncertainty surrounding fuel prices continues to fuel discussions. PETROAN emphasized that any price changes will be communicated once officially confirmed, urging the public to rely on official sources for the most accurate information.
This development comes as Nigeria grapples with fluctuations in fuel pricing and supply, leaving consumers and industry players eagerly awaiting further updates.
NNPC Ltd. Confirms Ongoing Review of Fuel Prices
The Nigerian National Petroleum Corporation (NNPC) Ltd. has reassured the public that fuel prices are consistently reviewed and adjusted as necessary. A spokesperson for the company emphasized that this regular process ensures that prices reflect market conditions and supply demands.
“We regularly review and adjust our prices as required,” the NNPC spokesperson stated, underscoring the company’s commitment to maintaining transparency and responding to the dynamics of the fuel market.
As fuel prices continue to fluctuate in response to both global and local factors, Nigerians are encouraged to stay updated on official announcements. For more details on fuel price trends and updates, visit vanguard
This statement comes amid growing discussions about fuel pricing in Nigeria, with many awaiting further adjustments as the country navigates its energy challenges.
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