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Dangote refinery denies fixing petrol price

The Dangote Petroleum Refinery says it has not fixed its petrol price, even as it urged the public to desist from such speculative announcements.

Independent petroleum marketers in Nigeria had suggested that the Dangote refinery may sell its petrol at N600 or N650/litre when it is finally released into the market, according to reports

But Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, dismissed the report as speculative.

“Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday August 13,2024.

“We would like to clarify that Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet. We have never discussed 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 said.

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