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Dangote Counters N898 Per Litre, Says ‘We Sold Petrol to NNPCL in Dollars’

Kemmy by Kemmy
September 16, 2024
in Business, Highlights, Top News
0

Dangote Refinery has revealed that it sold Premium Motor Spirit (PMS) to the Nigerian National Petroleum Company Limited (NNPCL) in dollars, countering claims that the fuel was sold at N898 per litre.

Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote, in a statement on Sunday, responded to the Nigerian National Petroleum Company Limited’s (NNPCL) claim that it purchased fuel from Dangote Refinery at N898 per litre.

The statement read as, “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.

“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedeviled the economy in the past 50 years.

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“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by Bola Ahmed Tinubu which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.

“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature.

“We assure Nigerians of availability of quality petroleum product and putting an end to the endemic fuel scarcity in the country.”

Tags: Dangote PetrolNNPC
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