Petrol
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According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month. A fleet of trucks are seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The Dangote Petroleum Refinery on Sunday announced a reduction in its price…
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The pricing of petrol and the volatility in the foreign exchange market are pulling the plug on marketers’ efforts to join the Nigerian National Petroleum Company Limited (NNPC) in the importation of the product into the country. The controversy over whether petrol subsidy is really gone has reemerged as marketers continue to stay on the…
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The Nigerian National Petroleum Company (NNPC) Limited has refuted claims that it plans to increase its pump prices for Premium Motor Spirit, commonly referred to as petrol. The company’s management, in a statement shared Friday on X, said this was contrary to speculation. “Dear esteemed customers, we at NNPC Retail value your patronage, and we…
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