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Home Oil & Gas

NNPCL Says Price From Dangote Refinery Is N898 Per Litre And Not N760 Per Litre

Vital News by Vital News
September 15, 2024
in Oil & Gas
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VP shettima, Lokpobiri, Ribadu, Kyari Meet Over Petrol Price Fixing, Scarcity
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The Nigerian National Petroleum Company Limited (NNPCL) said on Sunday that it purchased fuel at N898 per litre from the Dangote Refinery in Lagos.

The NNPCL which disclosed this its Spokesman, Olufemi Soneye, said this is contrary ro earlier reports of N760 per litre from the refinery.

According to Soneye, the NNPCL loaded over 70 trucks with premium motor spirit (PMS), also known as petrol, from the refinery on Sunday.

He clarified that the initial loading was done at a price of N898 per litre, contradicting earlier reports that stated the price as N760 per litre.

“We successfully loaded PMS at the Dangote Refinery today.

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“The claim that we purchased it at N760 per litre is incorrect.

“For this initial loading, the price from the refinery was N898 per litre,” he said.

According to Soneye, 70 of the trucks have been loaded with fuel.

Industry insiders had earlier said that the Dangote refinery would supply petrol to the NNPC at N766 per litre.

This reduced price they attributed to the deal between NNPC and Dangote, where crude oil is supplied to the refinery in naira.

The NNPCL had earlier moved around 300 trucks to the 650,000-capacity refinery on Saturday.
(vitalnewsngr.com)

Tags: DangoteNNPCLPetrolpricerefinery
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