Why free delivery of PMS is yet to impact petrol price – Dangote Refinery
Devakumar Edwin, Dangote Group’s vice-president, has explained the reason the free petrol distribution by Dangote Petroleum Refinery has not impacted retail price.
On Monday, TheCable observed that the Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N992 per litre in Lagos, and N955 per litre in Abuja.
On June 15, Dangote refinery announced its acquisition of 4,000 new compressed natural gas (CNG)-powered tankers to enhance its fuel distribution capacity across the country
In September, the refinery commenced free delivery of petrol.
Edwin said a delay in the arrival of the 4,000 CNG trucks ordered from China has slowed down its free nationwide delivery of premium motor spirit (PMS), also known as petrol.
