 President Bolaime Tinnabu has reaffirmed that there will be no increase in petroleum motor-spirit PMS pump prices across the nation while pleading with citizens to be patient with the federal government. This coming as a response to debunk speculations in the media about a temporary subsidy on crude oil prices. Addressing state-house correspondence today at the presidential villa Abuja for special advice on media publicity at Jury in Gagali said President Tinnabu, we address the inadequacies along the supply, demand and distribution value chain in the downstream sector. Mr. President wishes to assure Nigerians following the announcement by the NNPC Limited just yesterday that there will be no increase in the pump price of petroleum motor-spirit anywhere in the country. We repeat, the president affirms that there will be no increase in the pump price of petroleum motor-spirit. Which is going to be available to everybody, all right, is the presidential daily brief. This is what the NNPC supplies to the president directly for his personal viewing on a morning-by-morning basis. And he's releasing it to the public this morning for the sake of full disclosure and because he wants Nigerians to ensure that there's no need for panic at this time. We have enough fuel to supply the country. The country is wet with products and it will continue to be so. In Gagali, it retraces that the petroleum regulation policy remains as President Tinnabu is committed to ensuring the implementation of measures targeted at resolving issues around sub-sectors of the petroleum industry. We also wish to affirm that the president is determined to maintain competitive tension on within all sub-sectors of the petroleum industry. He is determined to ensure that our policy drawn up as well as policy implemented follows the cue that there will not be any single one entity dominating the market. The market has been deregulated. It has been liberalized and we are moving forward in that direction without looking back. According to Gagali, President Tinnabu is convinced based on information before him that Nigeria can maintain current pricing without reversing its deregulation policy by swiftly cleaning up existing inefficiencies within the mainstream and downstream petroleum sector. Notification button so you get notified about fresh news updates.