The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased petrol at N898 per litre from the Dangote Refinery, contradicting earlier claims of a lower price.

In a statement issued to Daily Trust on Sunday, the Chief Spokesperson of the NNPCL, Olufemi Soneye, clarified that the price of Premium Motor Spirit (PMS), commonly known as petrol, was significantly higher than previously reported figures.

“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 stated.

The NNPCL had mobilized approximately 300 trucks to the Dangote Refinery’s 650,000 barrels per day capacity in Lagos. Loading operations commenced on Sunday, with over 70 trucks having been loaded by the time of the report.

More details later…