GOV. SANWO-OLU COMMISSIONS ELECTRIFICATION PROJECTS IN BADAGRY BORDER COMMUNITIES. (PHOTOS). #PRESS RELEASE.

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 SANWO-OLU COMMISSIONS ELECTRIFICATION PROJECTS IN BADAGRY BORDER COMMUNITIES …says state strategically positioned to regulate, expand electricity supply Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, today commissioned electrification projects in the Badagry axis, saying that investments in such projects will be a lasting benefit to the people. The projects being commissioned include three HC Tower Crossings, the newly rehabilitated 33KV distribution lines along the Gaji-Seme, Owode-Apa corridors, and the connection of fifty-one transformer substations. These represent a deliberate intervention by the state government to address the longstanding electricity challenges in the axis. Speaking at the event, the Governor, who was represented by the Deputy Governor, Dr. Kadri Obafemi Hamzat, stated that the government is not merely commissioning power infrastructure, but restoring confidence, unlocking opportunities, and bringing lasting relief to communities that have long await...
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NNPC LTD RELEASES ESTIMATED PUMP PRICES OF PMS FROM DANGOTE REFINERY, BASED ON SEPTEMBER 2024 PRICING. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE


NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing


The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country.


The NNPC Ltd also wishes to state that, in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set by Government, but negotiated directly between parties on an arms length. 


The NNPC Ltd can confirm that it is paying Dangote Refinery in USD for September 2024 PMS offtake, as Naira transactions will only commence on October 1st, 2024. 


The NNPC Ltd assures that if the quoted pricing is disputed, it will be grateful for any discount from the Dangote Refinery, which will be passed on 100% to the general public. 


Attached to this statement are the estimated pump prices of PMS (obtained from the Dangote Refinery) across NNPC Retail Stations in the country, based on September 2024 pricing.


Olufemi Soneye

Chief Corporate Communications Officer

NNPC Ltd

Abuja


16th September, 2024

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