85.89 F
Lagos
October 23, 2026
The Industry
Image default
Industry News

Dangote Refinery refutes selling petrol to NNPL for N898/ litre

 

Sequel to NNPCL report that the organisation. lifted premium motor spirit (PMS) otherwise known as petrol for N898 per litre, Dangote Refinery has refuted the statement credited to NNPCL.

According to a statement made available to the media and signed by Anthony Chiejina,Group Chief Branding and Communications Officer, Dangote Group, “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.”

He said, ” 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.”

” 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 His Excellency, President Bola Ahmed Tinubu GCFR, 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,” he added


Discover more from The Industry

Subscribe to get the latest posts sent to your email.

Related posts

MTN Nigeria takes data on trial to Abuja to address consumer concerns about data usage

Princewill Okike

Heritage Bank’s support for socio-economic growth earns senior executive EveAfrique Award

Goddy Ofose

NCC assures Internet Service Providers of sustainable policies, regulation 

Goddie Ofose

Leave a Comment

Discover more from The Industry

Subscribe now to keep reading and get access to the full archive.

Continue reading