The Dangote Group on Thursday refuted claims that the Nigerian National Petroleum Company Limited (NNPCL) has begun lifting fuel from its refinery.
Reports had surfaced suggesting that NNPCL lifted petrol from the Dangote Refinery and sold it to Nigerians at N897 per liter.
This comes shortly after Aliko Dangote, Chairman of the Dangote Group, announced that the refinery is prepared to begin producing and selling petroleum products. However, Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, clarified that NNPCL has not yet started lifting fuel from the facility.
In a statement he signed, Chiejina said: “Our attention has been drawn to a headline ‘NNPCL lifts Dangote petrol, sells at N897 per liter’, published in the Business Day Newspaper of Wednesday, 4 September 2024.
“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.”
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