Top Story

It’s N898 per litre from Dangote Refinery, says NNPC Ltd.

525

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has confirmed that Dangote Refinery sold petrol at N898 per litre as their tankers lifted the commodity on Sunday from the facility in Lekki, Lagos.

After moving about 300 trucks to the 650,000-capacity refinery, NNPC Ltd. commenced loading on Sunday.

Mr. Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd., confirmed this, saying it was untrue that the company purchased it at N1,300 per litre or N760.

Soneye said: “We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N1,300 per litre or at N760 is incorrect.

“For this initial loading, the price from the refinery was N898 per liter. I can also confirm, in response to your inquiries, that we will receive 16.8 million litres.

“So far, we have loaded about 70 trucks today, and it’s still ongoing as of 4.30pm.”

Leave a comment

Related Articles

FG alerts 11 states as Cameroon releases water from Lagdo Dam

In response to the water release from the Lagdo Dam in Cameroon,...

Breaking: At last, ex-Kogi Gov. Yahaya Bello turns himself in to EFCC

After several months of going into hiding to evade arrest, a former...

NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off

The Presidency has announced the take-off of the $550 million upstream gas...

NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing

The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS),...

Breaking: 281 inmates declared missing from Maiduguri Prison after flood

The Nigerian Correctional Service has announced that 281 inmates are missing from...

Just in: Few hours after arrest, human rights activist Sowore released

Mr. Omoyele Sowore, the convener of the #RevolutionNow protest and publisher of...

Pres. Tinubu Hails Military’s Success Against North-West Security Threats

President Bola Tinubu has commended the Nigerian military for its successful operations...

Edo APC guber candidate’s campaign convoy crushes five

Tragedy struck as the campaign convoy of the All Progressives Congress (APC)...

Eid-ul-Mawlid: FG declares Monday, Sept. 16 public holiday

The Federal Government has declared Monday, September 16, a public holiday in...

NNPC Ltd and challenges in the oil sector: Banire misconceives the facts, promotes biased views

In the face of the challenges in the oil sector, particularly the...

Minister Hails Bankers’ Committee, Says Renovation of National Theatre ‘ll Boost Nigeria’s Economy

The Minister of Art, Culture, and Creative Economy, Hannatu Musawa, has said...

NNPC Ltd/Chevron JV Concludes Assets Conversion to PIA Terms

In accordance with the Petroleum Industry Act (PIA) 2021 provisions for transiting...

Just in: DSS arrests NLC President, Joe Ajaero

Operatives of the Department of State Services have arrested the President of...

50 people perish in Niger petrol tanker fire, Gov. Bago commiserates with bereaved families

Following a petrol tanker explosion that consumed nearly 50 people in Niger...

FG plans blood donation centres in 774 LGAs

The Federal Government has announced plans to create a network of blood...

Breaking: Ajuri Ngelale, Pres. Tinubu’s spokesman, resigns

Ajuri Ngelale, the Special Adviser to President Bola Tinubu on Media and...

Fuel price hike: Hard economic decisions aimed at improving living standards – Tinubu

President Bola Tinubu has assured Nigerians that his administration’s recent fuel price...

Canadian police receive 53 vehicles, $180,300 stolen funds from EFCC

The Economic and Financial Crimes Commission (EFCC) handed over 53 recovered vehicles...

PMS Prices are Determined by Free Market Forces – NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has explained that unrestricted...