Business
Breaking: New PMS Pump Prices Based On Dangote Pricing
Pump prices of Premium Motor Spirit (PMS), also known as petrol, have been adjusted by petroleum marketers nationwide, based on the ex-depot price from the Dangote Refinery.
Reports trickling in indicate that the NNPC Ltd bought a litre of PMS from the Dangote Refinery at N977.
Checks also revealed that NNPC Retail Stations in Lagos are currently selling the product at N988 per litre, while those in Abuja are selling at N1,030 per litre.
In the same vein, a visit to most filling stations belonging to independent marketers in Abuja reveal a PMS price range of N995-N1,000 per litre, while the prices in states outside Abuja showed a price range of N1,150 to N1,250 per litre.
Recall that since the recent exit of NNPC Ltd as the middleman in the Dangote Refinery PMS sale, the nation’s marketers are now free to buy their products directly from the refinery on a willing-buyer willing-seller basis.
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Breaking: New PMS Pump Prices Based On Dangote Pricing
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