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The Nigeria National Petroleum corporation (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market for other marketers to buy petrol directly from the refinery, PREMIUM TIMES can authoritatively report today. This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones. IPMAN National Welfare Officer, John Kekeocha, stated this on Channels tv’s The Morning Brief breakfast programme on Monday. “If NNPC can sell Dangote products higher than
The embattled Nigeria National Petroleum corporation (NNPC) has released their unfortunate and painful New Prices after Dangote released his product. The prices vary across each states.. It was as if the emergence of Dangote Refinery is a curse to Nigerians than a blessing. Before this so-called Dangote Refinery Brouhaha, NNPC and their cohorts were importing petrol
The drama between Dangote Refinery and NNPC is becoming funny and unnecessary. NNPC earlier released that Dangote would be selling N898 to them and now Dangote has released another press statement.. READ below “PRESS STATEMENT Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898
Dangote petrol at N766/litre Sunday PUNCH gathered that the Dangote Refinery would sell its petrol at N766 to the Nigeria National Petroleum corporation (NNPC). Multiple sources from the Federal Ministry of Petroleum Resources, NNPC, and major energy marketers confirmed that the deal to supply crude to the Dangote refinery in naira was a key factor that
Oil marketers have confirmed that they will start lifting Premium Motor Spirit (petrol), from the Dangote Refinery next week. While some revealed that they had started sending trucks to the Lagos-based multi-billion dollar plant to load products from Sunday, others stated that their tankers would hit the refinery any day from next week. It was
NNPC is trending because they’ve interestingly asked Dangote Refinery to give them permanent office spaces for 6-10 people. (can you imagine?.. In someone’s personal business?.. Lol 😂 ) Marketers, reported the refinery to Tinubu. And now about 95% of importers have begun boycotting them. Even after they dropped their price two times; from 1,200 to 900.
Dangote management has released a press statement debunking the published news of the NNPC lifting their oil yet. Ok….. Have you seen his press release? My questions are below : Dear Dangote, what exactly does this press statement tend to achieve? How does it concern the ordinary Nigerian suffering currently to buy petrol at the price of
The Almighty Dangote Refinery is finally here Nigerians…. Hurray!!! Few days before Muhammadu Buhari‘s exit as the president of Nigeria, Dangote Refinery was hurriedly launched and taunted as the greatest achievement of Buhari’s malnourished 8 years spell. What a country…. A supposedly private company from a private citizen. There were so many red flags 🎌, yet Nigerians
The premium motor spirit (PMS), also known as petrol, is expected to sell at N1,300 per litre, largely due to the cash crunch that has hit the Nigerian National Petroleum Company (NNPC) Limited, BusinessDay’s findings have shown. The NNPC, which is the sole importer of petrol into Nigeria, has consistently denied subsidising the cost of