By Abdullahi Sabiu
The Nigerian National Petroleum Company (NNPC) Ltd has denied having anything to do with the information making the rounds that it has priced petroleum products from the Port Harcourt refinery.
“The Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalized,” NNPC said in a statement issued by its Chief Corporate Communication Officer, Olufemi Soneye.
The company said the products it is currently selling originate from the Dangote Refinery and include applicable NMDPRA fees.
“Products from PHRC are exclusively for our retail stores at this stage,” it declared, explaining, “Our pricing is reviewed and adjusted periodically as necessary to reflect operational realities.”
The company therefore advised the public to “disregard any misleading information regarding pricing.”
It said official announcements will be made if and when price reviews occur.
