Dangote Industries Limited has dismissed claims that the Nigerian National Petroleum Company Limited (NNPCL) has started lifting Premium Motor Spirit (PMS) commonly known as Petrol from Dangote Petroleum Refinery.
They further disclosed that the issue of fixing the price of petrol lifted from our refinery cannot arise yet as they are yet to finalise their contract with the NNPC.
This was made known via a statement by the Dangote Group Chief Branding and Communications Officer, Anthony Chiejina, on Thursday, September 5.
The statement reads: "Our attention has been drawn to a headline "NNPC lifts Dangote Petrol, sells at N897 per litre" published in the BusinessDay Newspapers 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 cannot determine, fix, or influence the product price, which falls under the purview of relevant government authorities.
"We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.
"We are guaranteeing Nigerians of exceptionally high-quality petroleum products that will be readily available all over the country."
Source: X | DangoteGroup
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