‘NNPC yet to lift our petrol’ – Dangote assures high-quality product supply across Nigeria
The refinery urged Nigerians to disregard the report describing it as “misleading” while assuring the people of the supply of exceptionally high-quality petroleum products
Dangote Petroleum Refinery has refuted a report with the headline – “NNPC lifts Dangote Petrol, sells at N895 per litre,” describing it as “misleading.”
The petroleum products-producing giants made this known in a statement signed by Anthony Chiejina, the Group’s Chief Branding and Communications Officer, on Wednesday, September 4, 2024.
Dangote Refinery reiterated that the Nigerian National Petroleum Corporation Limited, NNPCL, has not yet started lifting refined Premium Motor Spirit from the refinery, adding that its contract with the Corporation has not been finalized.
The group also clarified that the issue of fixing the price of petrol lifted from the refinery does not arise, stating that the pricing of PMS is regulated by relevant government authorities, and that Dangote Refinery does not have the authority to determine, fix, or influence the product’s price.
The refinery urged Nigerians to disregard the report describing it as “misleading” while assuring the people of the supply of exceptionally high-quality petroleum products across the country.
Read the full statement below
Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N895 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 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 high-quality petroleum products that will be readily available all over the country.
Anthony Chiejina
Group Chief Branding and Communications Officer
04 September 2024… Continue Reading
