NNPCL confirms buying petrol at ₦898 per litre from Dangote refinery, not ₦760

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The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it purchased petrol at ₦898 per litre from the Dangote Refinery, countering earlier reports suggesting a lower price.

In a statement to Daily Trust on Sunday, NNPCL’s Chief Spokesperson, Olufemi Soneye, explained that the cost of Premium Motor Spirit (PMS), commonly known as petrol, was higher than initially reported.

“We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at ₦760 per litre is incorrect. For this initial loading, the price from the refinery was ₦898 per litre,” Soneye clarified.

NNPCL mobilized around 300 trucks to the Dangote Refinery, which has a capacity of 650,000 barrels per day. By the time of the report, over 70 trucks had been loaded, marking the commencement of petrol distribution.

More updates to follow.

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