The Nigerian National Petroleum Corporation (NNPC) has said there will be no increase in the price of petrol in the country in March, and has cautioned sellers and buyers against hoarding and panic-buying.
The NNPC said this in a statement by its Group General Manager, Group Public Affairs Division, Kennie Obateru, on Sunday via its verified Twitter handle.
The response came amidst reports of possible increase in the price of petrol that has dominated the public space.
Queues resurfaced in many cities weekend as residents besieged fuel stations in anticipation of yet another season of fuel scarcity.
