Dangote Refineries has reacted to claims that it sold petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre.
The petrol product was lifted from Dangote yesterday.
The NNPCL spokesperson, Mr Olufemi Soneye, reportedly stated that Dangote sold its petrol to the NNPCL at N898 per litre.
But in a statement late yesterday by Anthony Chiejina, Group Chief Branding and Communications Officer, Dangote said the statement was misleading and mischievous.
It explained that a formal announcement on the pricing would be announced when Naira-based crude sales commence in October.
However, it explained that what was sold to the NNPCL in dollars was a significant savings compared to what they are currently importing.
The statement read, “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr Olufemi Soneye that we sell our PMS at N898 per litre to the NNPCL.
“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedevilled the economy in the past 50 years.
“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Ahmed Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.
“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature.
“We assure Nigerians of the availability of quality petroleum products and putting an end to the endemic fuel scarcity in the country.”
