Nigeria’s petroleum marketers have called on Dangote Refinery to publicly disclose the price of its Premium Motor Spirit (Petrol).
In separate interviews with DAILY POST on Thursday, the President of the Products Retail Outlets Owners Association, Billy Gillis-Harry, and the President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, raised the issue.
Their comments came in response to a statement by Devakumar Edwin, Vice President of Dangote Industries Limited, who said local marketers were favoring imported petrol over Dangote’s, despite its lower prices. Gillis-Harry, however, clarified that marketers have yet to be informed of Dangote Refinery’s petrol price, and are ready to engage based on fair pricing.
“Why don’t Dangote Refinery give us a price list of what his price is? They cannot tell the price of Dangote Refinery’s PMS which they claim is cheaper than imported petrol. What is the price of DRL petrol?
“How come they are saying marketers are boycotting their petrol? We don’t know how much Dangote is selling its petrol.
“We are willing to partner with him but we partner on the basis that we would be able to sell with a human face”, he said.
Madigan refuted Edwin’s claim, stating that local marketers cannot boycott Dangote Refinery’s petrol.
He emphasized that oil marketers have not been informed of Dangote Refinery’s petrol price yet.
According to him, petroleum marketers are willing to patronize the refinery’s petrol, as long as the price is no higher than what they are currently paying.
“We don’t know the price of Dangote Refinery’s Petrol. We are ready to buy Petrol from Dangote Refinery in any condition provided the price is not more than the price we are getting from other places”, he said.
He added that marketers buy Petrol at various prices depending on location.
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