News Update
THE Dangote Petroleum Refinery has confirmed an increase in the price of Premium Motor Spirit, PMS, also known as petrol, to its customers.
This was contained in an email statement on Friday.
The refinery has announced that its refined products would be sold at N955 per litre at the loading gantry.
Marketers, who are buying between 2 million – 4.99 million litres, will now purchase it at N955 per litre while 5 million litres and above will buy at N950 per litre.
This represents an increase of N55.5 or 6.17% from N899.50 per litre that was fixed last December.
The notice read: “Kindly be advised that effective from 5:30 PM today, an upward adjustment has been implemented on the gantry price of Premium Motor Spirit.
Quantity
Previous Price (NGN/Litre)
2 million-9.99 million -N899.50
10 million Litres & Above N895
Quantity
New Price (NGN/ Litre)
2 million – 4.99 million N955
5 million Litres & Above N950
“Please note that all stock balances yet to be lifted as at the above-stated time are to be repriced at the new reviewed prices.
“We shall communicate with customers on their revised volumes based on the reviewed prices, in due course.”
News Update The Nigerian government has confirmed that President Bola Tinubu approved US military strikes…
News Update President Donald Trump, on Thursday, announced that the United States had carried out…
News Update The attention of the Presidency has been drawn to a viral falsehood circulating…
THE Senior Special Assistant to President Bola Ahmed Tinubu on National Assembly Matters, Hon. Ibrahim…
By Abioye Tosin Lawrence | Community & Development Correspondent NEWS UPDATE In a deliberate move…
NEWS UPDATE THE National Chairman of the Peoples Democratic Party, Tanimu Turaki, has urged Nigerians…