Economy And Business

BREAKING: 300 NNPCL Trucks Arrive Dangote Refinery For Petrol Loading (PHOTOS)

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300 NNPCL trucks have arrived at Dangote Refinery for petrol loading.

 

NewsOnline Nigeria reports that over 300 trucks belonging to the Nigerian National Petroleum Company Limited (NNPCL) are at the Dangote refinery at the moment in preparation for the scheduled petrol loading on Sunday.

 

The spokesperson for the NNPC, Olufemi Soneye confirmed this in a video on his X handle on Saturday.

 

ALSO: President Tinubu Storms Nigeria After China, Dubai, UK Trips

 

According to him, as of Saturday afternoon, NNPCL had deployed over 100 trucks, with hundreds more en route.

Earlier, the Presidential Committee on the Sale of crude oil and Refined Product announced that loading of the first batch of petrol from the Dangote Refinery will commence on Sunday, September 15.

 

A member of the committee and Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, disclosed this in Abuja on Friday.

The FIRS boss had while briefing journalists, said that from October 1, the NNPCL will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.

 

“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September,” Adedeji stated.

He explained that Dangote Refinery will in return supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.

 

Other agreements reached by the committee include the sale of Diesel in Naira by the Dangote Refinery to any interested off-taker while PMS will only be sold to NNPC.

 

“From 1 October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.

 

“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira.

 

“Diesel will be sold in Naira by the Dangote Refinery to any interested off-taker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs will also be paid for in Naira.”

 

The agreement is expected to ease the severe shortage of petrol across the country and probably bring the price which has skyrocketed recently down.

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