Sunday, April 21, 2024


Marketers are poised to access refined petroleum products from the Port Harcourt Refining Company, as operations at the facility accelerate under the directive of the Nigerian National Petroleum Company Limited. 

Dealers anticipate the commencement of product release from PHRC, estimating a price of ₦500 per liter for Premium Motor Spirit (petrol) from the Port Harcourt refinery in Rivers State. 

Additionally, there's hope that the Dangote Petroleum Refinery will further reduce petrol prices below ₦500 per liter upon its product release, with projections suggesting it will begin supplying the market in May, already providing diesel to dealers.

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