The Nigerian National Petroleum Company Limited (NNPCL) has denied any imminent hike in the pump prices of Premium Motor Spirit (PMS), popularly known as petrol.

Recently, some motorists have been experiencing difficulties buying petrol in filling stations amid fears that the authorities could hike the price of the essential commodity. 

The situation led to the reappearance of long queues resurfacing in different filling stations in Lagos State, causing traffic gridlock in some areas.

But in a statement, NNPC Limited’s Chief Corporate Communications Officer, OLUFEMI SONEYE, urged Nigerians to disregard the unfounded rumours and assured them that there are no plans for an upward review of the PMS price.

SONEYE also urged Nigerians against panic buying of petrol.