Economy

PMS: 4 things to know as Dangote Refinery begins supply Sunday

Ahead of the commencement of Premium Motor Spirit (Petrol) distribution from Dangote Refinery on Sunday, 15th September, 2024, DAILY POST has outlined four key things Nigerians should know.

On Friday, the Nigeria Government said the Nigerian National Petroleum Company Limited will load petrol from Dangote Refinery on Sunday.

This comes weeks after the President of Dangote Group had officially announced the rollout of PMS.

Here are the four things to know:

1. NNPCL will be the sole distributor of Dangote Refinery’s PMS, and then sell to marketers at the inaugural stage.

2. The commencement of Dangote Refinery distribution will not lead to Petrol pump price adjustments at this stage.

3. Dangote Petrol will end fuel supply hiccups in Nigeria.

4. Marketers will subsequently commence offtake of Dangote refinery’s petrol after they have arrived at a pricing agreement with the firm.

Daily Post

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Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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