{"id":116545,"date":"2024-04-21T10:25:30","date_gmt":"2024-04-21T09:25:30","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers"},"modified":"2024-04-21T12:35:05","modified_gmt":"2024-04-21T11:35:05","slug":"fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers","title":{"rendered":"Fuel to sell N500 per litre as Port Harcourt Refinery set to release product \u2013 Marketers"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Oil Marketers have said the Port Harcourt Refinery is almost set to release Premium Motor Spirit, known as fuel, at a cost below N500 per litre.<\/p>\n

National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, confirmed that the Port Harcourt Refinery will soon release the fuel to marketers.<\/p>\n

He noted that at the moment, the Nigeria Petroleum Company Limited sells fuel to Marketers at N567.7 per litre.<\/p>\n

Chinedu noted that, however, with the Port Harcourt refinery coming on board, the price may go below N500 per litre.<\/p>\n

\u201cHowever, NNPC is still giving us PMS at N567.7\/litre, so we want to believe that the Port Harcourt refinery should give us the product at N500\/litre or less than that,\u201d he said.<\/p>\n

Recall that the Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed on March 15 that the Port Harcourt refinery will start releasing PMS soon.<\/p>\n

The development comes as Dangote Refinery ramps up activities to sell fuel in commerce.<\/p>\n

Earlier, the Company\u2019s entrance into Nigeria\u2019s Automative Gas Oil (Diesel) market led to the price reduction from N1,600 per litre to N1,000.<\/p>\n

The National President of IPMAN, Abubakar Maigandi, believed the refinery might sell petrol at N500\/litre or below.<\/p>\n

\u201cWe are happy the diesel price is coming down, thanks to Dangote refinery.<\/p>\n

\u201cAs for petrol, the sale has not started. We hope petrol too will come down to like N500 per litre\u201d, he stated.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Oil Marketers have said the Port Harcourt Refinery is almost set to release Premium Motor Spirit, known as fuel, at a cost below N500 per litre. National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, confirmed that the Port Harcourt Refinery will soon release the fuel to marketers. He noted that at the […]<\/p>\n","protected":false},"author":84,"featured_media":116544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,772,254,3603],"class_list":["post-116545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-fuel","tag-nigeria","tag-port-harcourt-refinery"],"yoast_head":"\nFuel to sell N500 per litre as Port Harcourt Refinery set to release product \u2013 Marketers - Nigeria<\/title>\n<meta name=\"description\" content=\"Oil Marketers have said the Port Harcourt Refinery is almost set to release Premium Motor Spirit, known as fuel, at a co ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel to sell N500 per litre as Port Harcourt Refinery set to release product \u2013 Marketers\" \/>\n<meta property=\"og:description\" content=\"Oil Marketers have said the Port Harcourt Refinery is almost set to release Premium Motor Spirit, known as fuel, at a co ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-21T09:25:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-21T11:35:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1713682826.959633.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fuel to sell N500 per litre as Port Harcourt Refinery set to release product \u2013 Marketers\",\"datePublished\":\"2024-04-21T09:25:30+00:00\",\"dateModified\":\"2024-04-21T11:35:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\"},\"wordCount\":262,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1713682826.959633.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"fuel\",\"Nigeria\",\"Port harcourt refinery\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fuel-to-sell-n500-per-litre-as-port-harcourt-refinery-set-to-release-product-marketers\",\"name\":\"Fuel to sell N500 per litre as Port Harcourt Refinery set to release product \u2013 Marketers - 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