By Damilare Adeleye
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it bought fuel from Dangote Refinery at N898 per litre.
Chief Spokesperson of the NNPCL, Olufemi Soneye, confirmed this while speaking with newsmen over the price of the premium motor spirit.
“We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N760 per liter is incorrect. For this initial loading, the price from the refinery was N898 per liter,” he said.
He added that as at the time of filing the report, over 70 trucks had been loaded.At the start of loading of petrol from Dangote refinery in the ibeju Lekki Axis of Lagos, ten trucks drove into gantries while their compartments were filled with the product from a computerized gadget.
Equipped with 86 gantries making it possible to load 86 trucks simultaneously, the development now serves as a boost for the NNPCL in the quest to make petroleum products available across the federation, while 40 gantries are dedicated for the discharge of petrol alone.
Devakumar V. G. Edwin, Vice President of Dangote Industries limited also disclosed that the refinery has the capacity to discharge 54 million liters of petrol per day thereby saving the country foreign exchange.
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, had announced that NNPCL would be the sole off-taker of refined petrol from Dangote Refinery.
At the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira, on Friday, the Finance Minister who was represented by Zacch Adedeji, Executive Chairman of Federal Inland Revenue Service (FIRS), had said diesel from the Dangote Refinery would be sold in Naira to any interested off-taker, while PMS would only be sold to NNPCL, which will then sell to various marketers.
He announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.