Dangote Refinery Refutes Claims of Setting Petrol Price at N600 Per Litre

Olivia Pressman
2 Min Read
Dangote Refinery Refutes Claims of Setting Petrol Price at N600 Per Litre

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.

READ ALSO: NNPC to Sell Crude Oil to Dangote Refinery in Naira, Says Tinubu

“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.”

READ ALSO: Dangote Group Renames Refinery Road in Honor of Herbert Wigwe

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.

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