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At the start of the week, reports making the rounds on social media claimed that the NNPCL had crashed the fuel pump price due to the recent appreciation of the naira. The Nigerian National Petroleum Company (NNPC) Limited has described as untrue the reports alleging that it has reduced the pump prices of Premium Motor Spirit (PMS), otherwise known as petrol, and Automotive Gas Oil (Diesel) nationwide.This is coming on the heels of a trending topic on social media, which claimed that the national oil company had implemented a price adjustment at its retail stations across the country. The repo…

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