Dangote Industries Limited has issued a statement denying that it sold Premium Motor Spirit (PMS) to the Nigerian National Petroleum Company (NNPC) at N898 per litre....For More READ THE FULL STORY▶▶
The company made the statement against the backdrop of claims by NNPC’s spokesman, Olufemi Soyene, saying it sold the product to the national oil firm at N898 per litre.
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Aliko Dangote disclosed in the statement that Soneye’s claim is misleading and mischievous and aimed at undermining the Dangote Refinery’s achievement in addressing Nigeria’s energy crisis.
The company said it sold the product to the NNPC in dollars at a substantial savings compared to the current pump prices.
It further assured Nigerians of the availability of quality petroleum products and an end to continued scarcity in the country.
Dangote counters NNPC
The Dangote statement, signed by its Chief Branding and Communications Officer, Anthony Chiejine, disclosed that the product’s pricing would be announced by a Technical Subcommittee appointed by President Bola Tinubu on October 1.
The company clarified that the products were sold to NNPC in dollars at a substantial saving compared to the current import prices.
The development comes amid the NNPC’s adjustment of petrol prices from the Dangote Refinery.
NNPC begin petrol lifting at Dangote Refineries
The development comes as NNPC lifted petrol from the Dangote Refinery on Sunday, September 15, 2024.
The company said over 300 of its trucks would be stationed at the Dangote refineries.
Experts believe the move would end petrol scarcity, which has plagued Nigeria for over six weeks.
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While the NNPC has maintained official pump prices at a lower rate, consumers have continued to pay higher at the pumps, raising concerns about potential price extortion.▶For. More. READ. THE FULL. STORY.▶▶
