News
NNPC Ltd Releases Estimated Pump Prices Of PMS From Dangote Refinery
By Daniel Dafe
The Nigerian National Petroleum Company (NNPC) Limited, 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.
This was contained in a statement signed by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd, Abuja,
NNPC Ltd also stated that in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set by the Government, but negotiated directly between parties at 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 statenemt said.
Efele Rolls Out Fish Farm Empowerment For Ijala, Ugbegungun Communities
JAMB UTME: Delta Police Deploy Operatives To Secure 31 CBT Centres
APC Elders, Leaders In Delta Central Endorse Emerhor For 2027 Senate Race
2027: Ijaw Nation Endorses Tinubu, Oborevwori For Second Term
Call Mounts For Delta To Revive Power Sector, Emulate Bayelsa’s Independent Power Push
Bayelsa Launches City Boy Movement State Exco, Boosts 2027 Tinubu Re-Election Drive As Diri, Lokpobiri Pledge Support
DTHA Member, Omonade, Co-Sponsors Bill To Repeal 1977 Rent Law, Introduce New Landlord And Tenant Law
BREAKING: Gunmen Abduct Sapele LGA Chairman, Shoot Security Aide
Oborevwori Appoints Egbo As Board Chairman Of Delta State Signage And Advertisement Agency
DELSU Expands Global Footprint, As VC Signs Strategic Partnership With Carleton University
The Rise Of Tokenized Assets: A New Financial Frontier For Africa And The World
Environmental Degradation In Oil-Rich Communities Eroding Reproductive Health, UNIDEL VC Warns
Senator Ned Nwoko’s Intervention: Work Set To Begin On Onicha-Ugbo–Idumuje Ugboko Road
Armed Mob Led By “Bullet” Storms Aboh Ogwashi-Uku, Attacks Police Officers, Destroys Property Amid Ongoing Federal Court Case
-
News14 hours agoTragedy In Bayelsa As Doctor Dies After Giving Birth To Triplets
-
Education12 hours ago
Sheyi Money Foundation Elevates Academic Excellence At DELSU 18th Convocation With Multi-Million Naira Endowment Upgrade
-
Column20 hours ago
US-Israel-Iran: Who Won And Who Lost The War?
-
News21 hours ago
Advocate Publication To Host 3rd Lecture Series On Governance Challenges In Nigeria Thursday
-
News16 hours ago
Integrity Group Backs Tinubu’s 2027 Bid, Declares “No Vacancy At Aso Rock”
