Dangote Refinery has denied claims that it has set the price of Premium Motor Spirit (PMS) at N600 per litre, as suggested by some marketers on Tuesday, August 13, 2024.
In an official statement obtained by BusinessDay, Anthony Chiejina, the Group Chief Branding and Communications Officer for Dangote Refinery, clarified that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not a business partner of the refinery and has no authority to speak on its behalf.
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“Our attention has been drawn to headlines announcing ‘Marketers Project N600/litre for Dangote Petrol,’ published in Punch Newspapers on Tuesday, August 13, 2024,” the statement read. “We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet. We have never discussed the price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us.”
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The refinery urged the public to ignore speculative announcements and rely on official communications from the company. “We have our official channels through which we make our views known to our stakeholders,” the statement concluded.