NNPC CLARIFIES PRICING OF PORT HARCOURT DEFINING COMPANY PRODUCTS
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GREATRIBUNTVNEWS–Nigerian National Petroleum Company Limited (NNPC Ltd) has addressed concerns about the pricing of products from the Port Harcourt Refining Company (PHRC). According to Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, the PHRC has not yet begun bulk sales or opened its purchase portal, as essential processes are still being finalized.
Currently, the products being sold by NNPC Ltd originate from the Dangote Refinery and include applicable NMDPRA fees. The company has stated that products from PHRC are exclusively for their retail stores at this stage. NNPC Ltd also emphasized that their pricing is reviewed and adjusted periodically to reflect operational realities.
The company has advised the public to disregard any misleading information regarding pricing, assuring that official announcements will be made if and when price reviews occur.
