
Dangote Petroleum Refinery has resumed loading Premium Motor Spirit (PMS), also known as petrol, onto trucks for oil marketers.
The refinery had halted truck loading based on Naira transactions due to the suspension of the Naira-for-crude program, rising crude oil prices, and foreign exchange challenges. However, ship loading continued on a dollar basis, with the $20 billion refinery asking marketers in existing agreements to "top up" payments to secure supply.
Checks by *Vanguard* revealed that several companies, including MRS Oil & Gas, which complied with the payment adjustment, were being loaded at N880 per litre as of yesterday.
A reliable industry source confirmed the development, stating, “Truck loading has commenced for oil marketing companies that have made additional payments.”
Meanwhile, petrol prices have surged nationwide, with new pump and depot prices reaching up to N960 and N900 per litre, respectively, according to the latest price list from MRS Oil & Gas obtained by Waffi TV.