Dangote Refinery on Thursday said the Nigerian National Petroleum Company Limited (NNPC Ltd) has not commenced lifting of refined petrol from the refinery, stating that they are yet to finalize contract.
The company made this known in reaction to a report that the NNPC lifted Dangote Petrol and sold it at N897 per litre in a statement on Thursday by the company’s Group Chief Branding and Communications Officer, Anthony Chiejina.
“Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N897 per litre” published in the Business Day Newspapers of Wednesday, 4 September 2024.
Chiejina further said “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 finalise our contract with NNPC.
He explained that the petrol market is strictly regulated, which is known to all oil marketers and stakeholders in the sector.
However, he said “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.”
