BreakingHighlightOil & GasTop StoryTrending Story

New pump price: NNPC says N128 is ex-coastal price, N153.17 ex-depot price, not N130 and N155.17

283

 

The Nigerian National Petroleum Corporation (NNPC) has clarified that the new petroleum products prices are N128 ex-coastal and N153.17 as ex-depot and not N130 and N155.17 respectively as being widely circulated.

NNPC said: The correct prices, as can be seen on PPMC’s  “Customer Express” platform (online portal for procurement of petroleum products) are: Ex-Coastal Price – N128, and Ex-Depot Price (with collection) – N153.17.
“We are aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively.”

“We wish to clarify that although there was a slight increase in the price based on the prevailing realities of market forces of demand and supply,” it said in a statement by the Group General Manager, Group Public Affairs, Dr Kennie Obateru, emailed to Persecondnews.

Leave a comment

Related Articles

Federal court insists it has jurisdiction to hear deposed Emir Bayero’s rights violation suit

The Federal High Court in Kano has affirmed its jurisdiction to hear...

Messi to miss Olympics but leaves door open for 2026 World Cup

Eight-time Ballon d’Or winner Lionel Messi has disclosed that he will not...

Just in: Supreme Court reserves judgment in FG’s suit seeking full local govt. autonomy

The Supreme Court has reserved judgment in the Federal Government’s suit against...

FG warns of massive layoffs as labor disagrees on N62,000 minimum wage

The Federal Government has asked organized labor to take into account the...

CNG now available for purchase for cars, trucks, says Soneye

Barely a month after deploying Compressed Natural Gas (CNG) delivery installations in...

Soludo cautions Pres. Tinubu against unsustainable minimum wage

The Anambra State Governor, Prof. Chukwuma Soludo, has cautioned President Bola Tinubu...

Democracy Day: I didn’t fall, I prostrated for our country attaining Silver Jubilee—Tinubu

President Bola Tinubu has downplayed the momentary slip during the presidential parade...

Power supply: Ogun set to acquire abandoned River Basin Development Authority’s hydro power plant

Ogun Gov. Dapo Abiodun has expressed interest in acquiring the abandoned hydro...

June 12: Ogun Gov. Abiodun pays homage to Abiola’s family, urges national perseverance

Governor Dapo Abiodun of Ogun State has urged Nigerians to remain committed...

Democracy Day: Give Nigerian workers living wage, group urges Tinubu

As Nigerians commemorate 25 years of unbroken democracy, a socio-political group, the...

Presidential aide shrugs off Tinubu’s slip at Eagles Square as minor mishap

President Bola Tinubu’s Special Adviser on Social Media, Mr. Dada Olusegun, has...

Pres. Tinubu lauds, acknowledges Nigerian media’s contributions to democracy

President Bola Ahmed Tinubu has acknowledged the significant contributions of the media...

Pres. Tinubu hails Abiola, Ezeife, Yar’Adua, Kokori others, urges vigilance against undemocratic forces

President Bola Ahmed Tinubu has paid tributes to iconic Chief MKO Abiola,...

Democracy Day: Tinubu promises swift action on minimum wage legislation, hails heroes, heroines of June 12

…pays glowing tributes to MKO Abiola, Kudirat Abiola, Yar’Adua, Rewane, and other...

Democracy Day: Pres.Tinubu to address Nigerians on Wednesday

President Bola Tinubu will deliver a special Democracy Day address to the...

Nigeria’s 25 years of democracy: Ex. Pres. Jonathan calls for inclusive democracy, national unity

Former President Goodluck Jonathan has urged Nigerians to adopt democratic practices that...

Court didn’t declare Amaewhule, 26 defected assemblymen PDP members, Rivers AG clarifies

The Rivers State Government has clarified that the State High Court did...

Just in: FG declares June 12 public holiday to commemorate Democracy Day

The Federal Government has declared Wednesday, June 12, a national holiday to...

Updated: Malawi VP’s plane found with no survivors, presidency says

The wreck of a plane carrying Malawi’s Vice-President has been found with...

South West Advancement Award to honour Adeleke, Adedeji, Soneye, others on Democracy Day

Eminent Nigerians including the Governor of Osun State, Sen. Ademola Adeleke; Executive...