The prevailing confusion in the petroleum sector worsened on Sunday, as the Nigerian National Petroleum Company Limited and Dangote Refinery engaged in a war of words on the pricing template. This comes as Dangote Refinery on Sunday commenced petrol distribution. NNPCL was the inaugural off-taker of Dangote Refinery's Petrol.
The prevailing confusion in the petroleum sector worsened on Sunday, as the Nigerian National Petroleum Company Limited and Dangote Refinery engaged in a war of words on the pricing template. This comes as Dangote Refinery on Sunday commenced petrol distribution.
's lifting of its petrol was part of the crude oil sale in Naira deal with the Nigerian government. Dangote Refinery said Nigerians should 'Await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Ahmed Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars'.
's fuel A comparative analysis of Dangote Petrol indicated that it is more expensive than Nigerian National Petroleum Company Limited's imported fuel, which stood at N870 per liter. Earlier, petroleum marketers confirmed that the average price
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