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The management of the Dangote Refinery has refuted rife reports that it fixed petrol prices at ₦600/litre. It was described as “speculative announcements” with no basis in a statement signed by the Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina.
The recent statement is in reaction to some publications that the refinery was ready to sell for as low as ₦600 per liter as it continues to engage oil marketers.
The statement also disclosed that it has not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN), however, it will communicate through official channels.
It states, “Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers on Tuesday, August 13, 2024.
“We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.
He further said, 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.”
