The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased fuel at N898 per litre from the Dangote Refinery in Lagos.

This disclosure was made by Olufemi Soneye, Chief Spokesperson of the NNPCL.

According to Soneye, the NNPCL loaded over 70 trucks with premium motor spirit (PMS), also known as petrol, from the refinery on Sunday.

He clarified that the initial loading was done at a price of N898 per litre, contradicting earlier reports that stated the price as N760 per litre.

We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N760 per litre is incorrect. For this initial loading, the price from the refinery was N898 per litre,” he said.

According to Soneye, 70 of the trucks have been loaded with fuel.

Industry insiders had earlier said that the Dangote refinery would supply petrol to the NNPC at N766 per litre.

This reduced price they attributed to the deal between NNPC and Dangote, where crude oil is supplied to the refinery in naira.

The NNPCL had earlier moved around 300 trucks to the 650,000-capacity refinery on Saturday.