The spokesperson for the Nigerian Petroleum Company Limited (NNPCL), Olufemi Soneye, has stated that he unaware of a rise in the price of the Premium Motor Spirit (PMS) at any of its retail locations.

Soneye made this known in an interview on Tuesday, October 29, 2024.

Recall that there were reports of a recent hike in the pump price of petrol - which marks the third time increment in 60 days.

President of the Dangote Industries, Aliko Dangote, blamed the continued petrol shortages and long queues at filling stations across the country on the inability of marketers to lift products from his $20 billion refinery.

Dangote continued that the refinery’s capacity can meet Nigeria’s petrol needs, asking oil marketers to move to ease the current petrol scarcity.

Reacting to this, Soneye stated that he was unaware of any rise in the price of gasoline.

The ex-depot price of NNPCL has remained unchanged, according to Chinedu Ukadike, the spokesperson for the Independent Petroleum Marketers Association of Nigeria.

He said: “For independent marketers, we have experienced a fresh price hike as I am speaking with you.

"NNPCL still sells to us at the same price.

“For Port Harcourt, it is N1040 per litre.

"Abuja and Lagos are around N990 per litre.”