The Dangote Refinery has debunked the stories going round that the Nigerian National Petroleum Corporation has yet the newly produced PMS from the factory.
A statement released by Anthony Chiejina Dangote Group Chief Branding and Communications Officer, Dangote says they are yet to finalize contract with NNPC.
The statement reads: “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N897 per litre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.
“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.
“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.
“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.
“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.
We are guaranteeing Nigerians of exceptionally”
