The Dangote Refinery has strongly refuted claims that it has set a fixed price of ₦600 per litre for petrol, dismissing such reports as unfounded speculation.
This denial comes in response to recent media reports suggesting the refinery was in discussions with oil marketers about potential fuel pricing.
Anthony Chiejina, Group Chief Branding and Communications Officer for Dangote Industries Limited, issued a statement on Tuesday addressing the issue:
“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.”
Chiejina emphasized that no pricing discussions had taken place with IPMAN, stating:
“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,” Chiejina added.
