₦airaland Forum

The price of petrol at the pump will increase, according to the Nigeria National Petroleum Corporation (NNPC).



The firm said in an early statement on September 16 that the pump price of gasoline taken from the Dangote refinery and sold at its retail outlets is N950.22 per liter, N1,019 per liter in Borno, and N992.22 per liter in the Federal Capital Territory.



According to a statement made public by Olufemi Soneye, the company’s chief corporate communication officer, PMS prices are negotiated directly and on an arm’s length basis between partners, in accordance with the terms of the Petroleum Industry Act (PIA). Eyes Of Lagos reports,

The statement further stated that since Naira transactions won’t start until October 1st, 2024, it is paying Dangote Refinery in USD for September 2024 PMS offtake.



In the event that the quoted pricing is contested, the NNPC Ltd. stated that it would be appreciative of any discount from the Dangote Refinery and would fully distribute it to the people. Starting on Sunday, September 16, NNPC started removing gasoline from the Dangote refinery.



View the projected PMS pump prices (obtained from the Dangote Refinery) for the entire nation’s NNPC Retail Stations based on September 2024 pricing.

https://eyesoflagos.com/2024/09/16/nnpc-has-announced-an-increase-in-the-pump-price-lagos-at-n950-l-borno-n1019-l/

Na WA o

Fuel Price is lower in the SW than it is in the other regions

It means the farther you region, the higher the transport cost and the Costlier the fuel price over there. My heart is with those in Borno

NNPCL doing fantastically well since the days of Lord lugard

Only NNPC knows how much they were buying from Malta and Singapore before Dangote came on the scene. Only NNPCL knows how much crude they give dangote in exchange for petrol. Only NNPCL knows the true position of petrol subsidy and its extent. Transparency is dead in that corporation.

Naijanascam:
NNPCL doing fantastically well since the days of Lord lugard

Actually they are doing us well-well and not well.

DevilsEqual:


Fuel Price is lower in the SW than it is in the other regions

It means the farther you region, the higher the transport cost and the Costlier the fuel price over there. My heart is with those in Borno

Transportation cost. Have you wondered why a bag of corn or beans can have up 15k difference between Borno and Lagos or PH?
Transportation cost.

"Ẹ lọ f'ọkàn balẹ̀. A ma gbe wá'lẹ̀"

Y'all shd rest assured that we'll bring down fuel price…





In the mud!

CodeTemplarr:
Transportation cost. Have you wondered why a bag of corn or beans can have up 15k difference between Borno and Lagos or PH?
Transportation cost.

Funny how that boy doesn't know such basic things as this

Yet he claims to have a bsc, msc, PhD and IQ of over 150 points on mensa scale (a test he claims he takes every 3 months) lol 😆

Clowns full APC e-rats offices

CodeTemplarr:
Actually they are doing us well-well and not well.

Doing us more than well well well well well that we all can imagine


A very heartless organization