The Nigeria National Petroleum Company Limited (NNPC Ltd.) has updated its breakdown of the estimated price of petrol purchased from the Dangote refinery. The new details reveal that the NNPC is paying for the petrol in US dollars for September 2024, with Naira transactions set to begin on October 1, 2024.
Key differences between the initial and revised statements include:
– The Nigerian Midstream and Downstream Petroleum Regulatory Authority fee was adjusted from ₦8.99 to ₦4.495.
– The inspection fee and margin fee were omitted in the revised statement.
– The distribution fee increased from ₦15 to ₦42.45.
– An additional fee for the Midstream and Gas Infrastructure Fund of ₦4.495 was introduced.
The NNPC has assured that any discounts received from the Dangote refinery will be fully passed on to consumers.
