Fuel price: NNPC quits role as sole buyer of Dangote Refinery petrol

The Nigerian National Petroleum Company Limited, NNPCL, has reportedly quit its role as the sole buyer of Dangote Refinery’s Premium Motor Spirit (petrol).

This is according to a Premium Times report on Monday.

The implication is that petroleum marketers would have to purchase petrol directly from Dangote Refinery.

When Charmingpro contacted the spokesperson of NNPCL, Olufemi Soneye on Monday for his reaction to the development, he did not pick up the call or respond to a text by our correspondent.

Charmingpro also contacted Dangote Refinery. The company’s spokesperson, Anthony Chiejina, said, “I’ll call you back”. But he is yet to do so at the time of filing this report on Monday.

However, an official of NNPCL reportedly told Premium Times: “Yes, it is true. We can no longer continue to bear that burden.”

This comes weeks after NNPCL lifted petrol from Dangote Refinery on 15th September 2024

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