VANGUARD
Following the loading of petrol from Dangote Refinery, NNPC Limited has released new pump price across the country with additional cost for consumers.
A statement by the corporation said petrol in Lagos will now sell for N950 per litre from N855, Abuja is now N992.22 per litre from N897 while price in Borno will be N1,019.22 per litre.
Read Also:Petrol Supply: NNPCL, Dangote Refinery disagree over pricing
NNPC insisted that it loaded the product at N898 per litre from Dangote and challenged anyone with contrary figures to make it public.
“The NNPC Ltd also wishes to state that, in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set by Government, but negotiated directly between parties on an arms length.
“The NNPC Ltd can confirm that it is paying Dangote Refinery in USD for September 2024 PMS offtake, as Naira transactions will only commence on October 1st, 2024.
