NNPC CLARIFIES INCREASE IN PMS EX-COASTAL, EX-DEPOT PRICE OF PMS ~ INN Nigeria

The Nigeria National Petroleum Corporation (NNPC) has said it is aware of 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

We wishes to clarify that although there was a slight increase in the price based on the prevailing realities of market forces of demand & supply, 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.

A statement by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, advised Marketers to make their purchases through the online “Customer Express” platform (http://PPMCCustomer.Express/login/authenticate…) at the recommended prices.

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