The denial comes following reports by that the refinery was in talks with oil marketers, and that petrol may sell for ₦600 per litre
Kareem Abdulrahman
The management of the Dangote Refinery has dismissed reports of a fixed petrol price of ₦600/litre, describing them as “speculative announcements” with no basis.
This was made known in a statement signed on Tuesday by the Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina.
The denial comes following reports by that the refinery was in talks with oil marketers, and that petrol may sell for ₦600 per litre.
The company, however, emphasised that it has not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN), and will communicate through official channels.
“Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers on Tuesday, August 13, 2024,” the statement said.
“We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet. We have never discussed the 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.”