On Tuesday, the Dangote Refinery dismissed claims made by some oil marketers regarding the sale of petrol at a price between N600 and N650 per litre.
In a statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer, the 650,000 barrels per day facility in Lagos clarified that it has not engaged in any discussions with oil marketers concerning petrol pricing.
The management of Dangote Refinery urged the public to ignore speculative reports, emphasizing that the company has never discussed the price of Premium Motor Spirit (PMS) or petrol with marketers.
“We have not fixed Petrol Price.
Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published on August 13, 2024.
“We would like to clarify that Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.
“We have never discussed price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us, either for good or with hidden transcript.”
The Independent Petroleum Marketers in Nigeria (IPMAN), according to a report on Tuesday had said they were hoping that the Dangote Petroleum Refinery will sell its petrol at N600 or N650/litre when it is finally released into the market this month.
