Despite the excitement surrounding the launch of operations at Dangote Petroleum Refinery in Lagos, several challenges remain. According to BusinessDay, Nigerian marketers have yet to access petrol lifted on Sunday by the Nigerian National Petroleum Company Limited (NNPCL) from the refinery.
Abubakar Maigandi, National President of IPMAN, noted that although the refinery can produce petrol locally, pricing issues have prevented marketers from accessing the petroleum supplied by Dangote.
“We have not been supplied petrol from Dangote Refinery as we wait for the NNPC on pricing,” he said.
“We are still selling old stocks of petrol. There is still so much uncertainty about pricing or when we will lift Dangote petrol,” the IPMAN President stated.
On Monday, September 16, the NNPCL released pricing details for petrol, also known as Premium Motor Spirit (PMS), produced by the Dangote Petroleum Refinery.
A mild controversy arose when the NNPCL stated it purchased petrol from Dangote at N898 per litre, a figure disputed by the refinery.
Dangote explained that the crude used for refining was bought in dollars and that naira transactions for crude oil would not begin until October. Meanwhile, petrol prices vary across the country, with some locations selling it for over N1,000 per litre and others at N950.
……….
Note : To submit Press Releases, Statements, and Advert Inquiries for publication on Waffi blog (website) or Television 📺, please use the following contact details: You can send an email to info@waffitv.com or reach us via Whatsapp at 07068286500
