The Nigerian National Petroleum Company (NNPC) has released a breakdown of estimated prices of Premium Motor Spirit (Petrol) from Dangote Refinery in retail stations across the country based on September 2024 pricing.
The company confirmed that it is paying Dangote Refinery in United States Dollars for the September 2024 PMS offtake.
The state-owned company stressed that the Dangote Refinery Petrol gantry was bought at N898.78 per liter. Consequently, the estimated cost price of petrol in Lagos, plus logistics, will stand at N950.22 per litre.
In other locations like Federal Capital Territory (Abuja), Sokoto, and Kano states, petrol will be sold at estimated prices of N999.22 per litre. Rivers, Bayelsa, Akwa Ibom, Imo, and other states stood at N980, while Oyo State stood at N960.22.
Lastly, the highest pump price will be in Borno State which stood at N1,019.22 per liter.