The Nigerian National Petroleum Company Limited (NNPCL) has responded to Wednesday’s assertions that its petrol price was selling for N1,045 per litre, that’s N75 above the retails price.
NNPCL clarified that the refinery has not yet announced its pricing. Currently, fuels from the Port Harcourt Refinery are currently at NNPCL stores.
Olufemi Soneye, the spokesperson for the NNPCL, shared that they are currently evaluating their pricing strategy and have not begun bulk sales, as their purchasing portal is still not open.
He said, “We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalizing the necessary processes.
“At present, the products we are selling are what we bought from the Dangote Refinery, which includes NMDPRA fees. The product from PH is currently for our retail stores. Our prices are regularly reviewed and adjusted as required.”
