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Why Ex-Depot Price Increased – NNPC

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Ganiyat Ganiyu 

The Nigerian National Petroleum Corporation, NNPC, has clarified the increase in the PPMC Ex-Coastal Price and Ex-Depot Price to N130 and N155.17 respectively.

NNPC in a statement on Friday said the slight increase in the price was based on the prevailing realities of market forces of demand and supply.

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The statement signed by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, advised Marketers to make their purchases through the online “Customer Express” platform (PPMCCustomer.Express/login/authenticate) at the recommended prices.

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