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We have not fixed Petrol Price – Dangote Refinery

We have never discussed the price of Premium Motor Spirit (PMS) with IPMAN, and they have no mandate or authority to speak for us, either for good or with a hidden transcript

The management of the Dangote Refinery has dispelled circulating reports of a fixed petrol price of ₦600/litre, calling them “speculative announcements” with no basis.

This was expressed in a statement signed on Tuesday by the Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina.

The statement signed by Mr Chiejina and made available to newsheadline247 read;

We have not fixed Petrol Price

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Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday 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.

We urge the public to desist from such speculative announcements. We have our official channels through which we make our views known to our stakeholders.

Anthony Chiejina,
Group Chief Branding and Communications Officer
13th August, 2024

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