NNPC Ltd launches approximated pump rates of gas from Dangote Refinery, based upon September 2024 supply.
Approximated pump costs in Lagos, Sokoto and Oyo are N950, N992 and N960 per litres respectively.
Citizens in Kaduna, FCT, Rivers and Borno will pay N999, N992, N980 and N1019 per litres respectively.
Validate paying Dangote Refinery in USD for Sept 2024 PMS offtake, as Naira deals will just start on October 1st 2024.
The Nigerian National Petroleum Corporation (NNPC) Ltd. has actually launched approximated costs of Premium Motor Spirit (PMS), likewise referred to as Petrol (acquired from the Dangote Refinery) in its retail stations throughout the nation.
In a declaration provided on Monday September 16th, the NNPC specified that it is paying the Dangote refinery in U.S dollars for the September 2024 fuel offtake, including that Naira deals will just begin on October 1st, 2024.
According to the cost map shared by the NNPC, the approximated pump rates in Lagos, Sokoto and Oyo are N950, N992 and N960 per litres respectively, while homeowners in Kaduna, FCT, Rivers and Borno will pay N999, N992, N980 and N1019 per litres respectively.
NNPC Ltd approximated pump costs of fuel from Dangote Refinery, based upon September 2024 supply.
“The projected costs are based upon worked out terms in between NNPC Ltd. and Dangote Refinery which acknowledge the existing worldwide gas costs and the dominating foreign exchange rate in line with the arrangements of the Petroleum Industry Act (PIA) 2021.”
“The NNPC Ltd. can validate that it is paying Dangote Refinery in USD for September 2024 PMS offtake, as Naira deals will just begin on October 1st, 2024.”
“We assure Nigerians that any discount rate from the Dangote Refinery will be handed down 100% to the public.”
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