Lagos, Aug. 14, 2024 – The Dangote Refinery has denied fixing the company’s petrol price at N600 per litre.
The company described the reports as speculative announcements.
Anthony Chiejina, the Dangote Group Chief Branding and Communications Officer, made the denial in a statement in Lagos on Tuesday.
He said the company had not fixed the price for N600 per litre.
The denial followed reports that the refinery was in talks with oil marketers, and that petrol might be sold at ₦600 per litre.
The company said it had not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN) and would communicate through its official channels.
“Our attention has been drawn to headlines announcing ‘Marketers Project
“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, either for good or with hidden transcripts.
“We urge the public to desist from such speculative announcements.
“We have our official channels through which we make our views known to our stakeholders.” (GBN)