GOALS & OBJECTIVES OF THE AGENCY…
PRICING POLICY
• Pricing policy is geared towards ensuring:
§Products Availability
§Competitive Downstream sub-sector
§Full Cost Recovery/Appropriate pricing and
§Making Nigeria the hub of petroleum products supply and distribution in West Africa
§
§Means:
üSetting benchmark prices
üModerating price volatility through modulating mechanism
üNetworking with global energy information service providers
üBalancing the interest of consumers & investors