Dangote Refinery: NNPC has not started lifting our petrol

Abdullateef Fowewe

The Dangote Group has refuted claims that the Nigerian National Petroleum Company Limited has begun lifting petrol from its refinery at a price of N897 per litre.

In a statement issued on September 5, 2024, by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, he clarified that no such transaction has taken place.

The statement said, “We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.

Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.

“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.

“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter. We are guaranteeing Nigerians exceptionally high-quality petroleum products that will be readily available all over the country.”