Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News

NNPC To sell Dangote Petrol N1,019/ litre in Borno, N950 In Lagos

byGLAMTUSH
September 16, 2024
in News, Nigeria News
Reading Time: 2 mins read
Dangote Petrol
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

NNPC is set to sell Dangote petrol at N1,019/ litre in Borno and N950 in Lagos.

 

Glamtush reports that the Nigerian National Petroleum Company Limited (NNPCL) has said that it will sell the petrol lifted from the Dangote Refinery for nothing less than ₦950 per litre in Lagos.

READ ALSO

BREAKING: NECO Releases 2025 Basic Education Certificate Examination Results

JAMB Sets 150 Benchmark For 2025 Admissions

This online news platform learnt that the NNPCL spokesperson, Olufemi Soneye, disclosed this on Monday, in a statement titled, ‘NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery Based on September 2024 Pricing’.

It said, “The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. “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.

“The NNPC Ltd assures that if the quoted pricing is disputed, it will be grateful for any discount from the Dangote Refinery, which will be passed on 100% to the general public.”

The company later shared an infographic, showing that the lowest price for the product would be nothing less than ₦950 in Lagos and its environs.

He explained that the price may go for as high as ₦1,019/litre in places like Borno State, and ₦999.22 in Abuja, Sokoto, Kano, and others.

In Oyo, Rivers and other areas in the South, it will be ₦960 per litre.

It would be recalled that the Dangote Group had disagreed with the NNPCL on Sunday that it was selling PMS at ₦898, but it failed to release its price list.

This is as the loading of the first batch of petrol on Sunday commenced at the Dangote Refinery.

NNPCL spokesman Femi Soneye told Channels Television that 16.8 million litres of petrol have been lifted from the refinery

“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 litre. I can also confirm, in response to your inquiries, that we will receive 16.8 million litres.

“As of 4 pm Sunday, we have loaded about 70 trucks today and it’s still ongoing,” he said.

Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day.

The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.

The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

Recall that the Dangote Group had disagreed with the NNPC on Sunday that it was selling PMS at N898, but it failed to release its price list.

Related Posts

2025 Basic Education Certificate Examination
Education

BREAKING: NECO Releases 2025 Basic Education Certificate Examination Results

July 9, 2025
2025 Admissions
Education

JAMB Sets 150 Benchmark For 2025 Admissions

July 9, 2025
MultiChoice Fined ₦766m
News

MultiChoice Fined ₦766m By FG For Privacy Breaches

July 7, 2025
Ladoja
News

Drummers Move To Ladoja’s Home, Signaling Next Olubadan

July 7, 2025
Olubadan
News

How Primate Ayodele Foretold Olubadan’s Demise Two Days Ago In WTN 2025/2026

July 7, 2025
Oba Olakulehin Dies At 90
News

Olubadan Oba Olakulehin Dies At 90

July 7, 2025
Next Post
Tito Jackson

Tito Jackson, Member Of Jackson 5, Dies At 70

LATEST COVER

Priscilla Ojo

GPBN Associates Member

Fidelity Bank

Zenith Bank

Union Bank

Union Bank Responds To High Court Ruling On NICON Investments Limited, Global Fleet And Jimoh Ibrahim Case

July 9, 2025
2025 Basic Education Certificate Examination

BREAKING: NECO Releases 2025 Basic Education Certificate Examination Results

July 9, 2025
ASIS

The Alternative Bank Champions Bold Action For Africa’s Future Ahead Of ASIS 2025 Summit

July 9, 2025
MaWhoo

MaWhoo Takes Her Throne As Spotify EQUAL Africa Ambassador For July

July 9, 2025
Nigerian Idol Season 10

Purp And Raymu To Compete In Nigerian Idol Season 10 Grand Finale

July 9, 2025
2025 Admissions

JAMB Sets 150 Benchmark For 2025 Admissions

July 9, 2025
Benue

Fidelity Bank Delivers Hope to Internally Displaced Persons In Benue

July 9, 2025
Union Bank

Union Bank Strengthens Public-Private Partnership At Maiden International Civil Service Conference

July 9, 2025
MultiChoice Fined ₦766m

MultiChoice Fined ₦766m By FG For Privacy Breaches

July 7, 2025
Rasheed Ladoja

Ex-Oyo Governor, Rasheed Ladoja, Set To Become 44th Olubadan

July 7, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush