Fuel Price Hike: NNPC to Sell Petrol at N1,019 per Litre in Borno, N950 in Lagos

The Nigerian National Petroleum Company Limited (NNPC) has announced that it will sell petrol lifted from the Dangote Refinery at a price above N1,000 per litre in the far north.

The NNPC spokesperson, Olufemi Soneye, disclosed this in a statement, stating that the price may go as high as N1,019 per litre in places like Borno State and N999.22 in Abuja, Sokoto, Kano, and others.

The lowest price, according to an infographic released by the NNPC, is N950 in Lagos and its environs.

The NNPC has stated that the product it loaded on Sunday was paid for in dollars, and that naira transactions will only commence on October 1, 2024.

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The company has also assured that if the quoted pricing is disputed, it will be grateful for any discount from the Dangote Refinery, which will be passed on 100 per cent to the general public.

READ ALSO: Dangote Refinery Debunks NNPCL’s Claim on Fuel Price

This development comes as the Dangote Group had disagreed with the NNPC on Sunday that it was selling PMS at N898, but it failed to release its price list.

The NNPC has released estimated prices of PMS obtained from the Dangote Refinery, which will be across NNPC retail stations in the country, based on September 2024 pricing.