Dangote Refinery Denies reports of ₦600 per Litre Petrol Price
In a statement issued on Tuesday, the management of Dangote Refinery distanced itself from reports suggesting that a fixed petrol price of ₦600 per litre was in the pipeline. The company described the claims as “speculative announcements” with no basis.
The statement, signed by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries Limited, followed reports by some publications that the refinery was in talks with oil marketers, with petrol projected to sell for as low as ₦600 per litre.
However, Dangote Refinery clarified that it has not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN), and emphasized that it will only communicate with stakeholders through official channels.
The statement continued, “Our attention has been drawn to headlines announcing ‘Marketers Project N600/litre for Dangote Petrol’ published in Punch Newspapers on Tuesday, August 13, 2024. We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.”
The company further emphasized that there has been no discussion on the price of Premium Motor Spirit (PMS) with IPMAN, and that they have no mandate or authority to speak on behalf of Dangote Refinery.
In conclusion, the statement urged the public to refrain from speculative announcements and instead, encouraged them to follow official channels for accurate and timely information.
