Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

NNPCL, Dangote Refinery Disagree Over Petrol Pricing

Nnaemeka OkwarabyNnaemeka Okwara
September 16, 2024
in Business & Finance
0
NNPCL, Dangote Refinery Disagree Over Petrol Pricing
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have disagreed over the pricing of petrol supplied by the refinery. After NNPCL announced that they bought the petrol at N898 per litre, Dangote Refinery deemed the assertion as “misleading and mischievous.”

Dangote Refinery explained that the first shipments were sold at N898 per liter because the crude oil was imported in US dollars, and that price was not reflective of any agreement on pricing. The refinery also stated that it would wait for a more formal announcement on prices from the Technical Sub-Committee on Naira-based crude sales to local refineries, which President Bola Ahmed Tinubu is setting up, and which will commence operations on October 1, 2024.

Meanwhile, Nigeria’s fuel deficit may persist due to a 38.8% shortfall in the first delivery of Premium Motor Spirit (PMS) from Dangote Refinery to NNPCL. The refinery disbursed 16.8 million litre out of the scheduled 25 million liters.

NNPCL has mobilized over 300 trucks for transporting fuel from the refinery and has berthed a vessel for this purpose.

Additionally, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has lamented that the closure of NNPCL’s Retail portal has denied them access to Dangote petrol.

Tags: dangoteDangote Refinery Disagree Over Petrol Pricingfederal characterNewsNNPCLpetrolPricingrefinery
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

Related Posts

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 31, 2025
October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 30, 2025
October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 29, 2025
Next Post
NNPCL Announces Regional Petrol Price Variations Amidst Dangote Refinery Dispute

NNPCL Announces Regional Petrol Price Variations Amidst Dangote Refinery Dispute

Wisdom Teeth: Anatomy, Function, Symptoms and Causes of Wisdom Teeth Problems

Wisdom Teeth: Anatomy, Function, Symptoms and Causes of Wisdom Teeth Problems

Wisdom Teeth: Anatomy, Function, Symptoms and Causes of Wisdom Teeth Problems

Wisdom Teeth Removal Procedure

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

600 Health Worker Exit University College Hospital in Oyo State

3 years ago
Solitary sexual behavior (masturbation): Is it healthy in a relationship?

Solitary sexual behavior (masturbation): Is it healthy in a relationship?

4 years ago
NNPC Refutes Increase of Petrol Price to N1,200

NNPC Refutes Increase of Petrol Price to N1,200

2 years ago
India’s First Mpox Case from Fast-Spreading Strain Sparks Health Concerns

India’s First Mpox Case from Fast-Spreading Strain Sparks Health Concerns

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Americans Going Hungry As Trump Shutdown Enters Month Two

Munich to Host the 2028 Champions League Final and FIFA Opens Early Ticket Draw for 2026 World Cup

U.S. Embassy Clears Air on Wole Soyinka Visa, Denies Revocation

Opposition Says 700 Killed as Tanzania Election Protests Enter Third Day

Anambra Govt, Opposition Clash as Vote-Buying Allegations Fly

“No Spoils of War”: Syria’s New Ruler Lays Down the Law to Loyalists

Trending

The American Halloween: A Fashion-Forward Phenomenon
Fashion & Lifestyle

The American Halloween: A Fashion-Forward Phenomenon

bySomto Nwanolue
October 31, 2025
0

In the United States, Halloween has evolved into a massive cultural and commercial event where fashion and...

Why Americans Should Take Trump’s 3rd Term Jokes Seriously

Trump Walks Back Venezuela Strike Threat, But Who Believes Him?

October 31, 2025
Are Walmart Closing Stores In November 2025?

Are Walmart Closing Stores In November 2025?

October 31, 2025
Americans Going Hungry As Trump Shutdown Enters Month Two

Americans Going Hungry As Trump Shutdown Enters Month Two

October 31, 2025
Munich to Host the 2028 Champions League Final and FIFA Opens Early Ticket Draw for 2026 World Cup

Munich to Host the 2028 Champions League Final and FIFA Opens Early Ticket Draw for 2026 World Cup

October 31, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • The American Halloween: A Fashion-Forward Phenomenon
  • Trump Walks Back Venezuela Strike Threat, But Who Believes Him?
  • Are Walmart Closing Stores In November 2025?

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com