NNPC Clarifies Increase in Petrol Depot Price, Others

NNPC Towers

By Shola Akingboye – 13th November 2020

The Nigerian National Petroleum Corporation (NNPC), has advised Marketers to make their purchases through the provided online “Customer Express” platform (PPMC Customer.Express/login/authenticate) at the recommended prices, to forestall pessimism over a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively.

A statement by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, pinpointed that the NNPC wishes to clarify that although there was a slight increase in the price based on the prevailing realities of market forces of demand and supply, it noted that the correct prices, as can be seen on PPMC’s “Customer Express” platform (online portal for procurement of petroleum products) are: Ex-Coastal Price – N128, and Ex-Depot Price (with collection) – N153.17.

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