ABUJA (Sundiata Post) – Petrol from the Dangote Refinery sold at NNPC Ltd retail stations across the country will go N950.22 per litre in Lagos and N999.22 in Abuja and some parts of the north.
In Borno State it will be sold at N1,019.22 while buyers in Imo and Akwa Ibom states will pay N980.22 per litre.
This is contained in a statement on prices of petrol from Dangote Refinery released by NNPC Ltd this (Monday) morning.
The statement signed by Olufemi Soneye, Chief Corporate Communications Officer, reads:
“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.
“Attached to this statement are the estimated pump prices of PMS (obtained from the Dangote Refinery) across NNPC Retail Stations the country, based on September 2024 pricing.”
