The Nigerian National Petroleum Corporation Limited (NNPC Ltd) has unveiled the estimated pump prices of Premium Motor Spirit (PMS) from Dangote Refinery, effective September 2024.
In a statement from NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, the corporation highlighted that prices are negotiated under the Petroleum Industry Act (PIA) and not determined by the government.
NNPC also confirmed its payment for September’s PMS in USD, as Naira transactions will commence on October 1, 2024. If any price adjustments occur, the corporation assured that any discount secured from Dangote Refinery will fully benefit the public.
The release includes detailed estimates for NNPC Retail Stations nationwide.