The Dangote Refinery has dismissed recent claims suggesting that it sold Premium Motor Spirit at N898 per litre to the Nigerian National Petroleum Company Limited.
The statement, attributed to NNPCL spokesperson Mr. Olufemi Soneye, was labeled as “misleading and mischievous” by the refinery’s management.
In a press release issued by Anthony Chiejina, Group Chief Branding and Communications Officer for the refinery, he clarified that the refinery has not set any such pricing.
“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today towards addressing energy insufficiency and insecurity,” said Chiejina.
He further explained that the Technical Sub-Committee on Naira-based crude sales, appointed by President Bola Ahmed Tinubu, would make an official announcement regarding pricing on October 1, 2024.
“We urge Nigerians to disregard this malicious statement and await a formal announcement by the Technical Sub-Committee on Naira-based crude sales to local refineries,” Chiejina noted.
The refinery also pointed out that its current stock of crude was purchased in dollars, and it had sold the product to NNPCL in dollars, resulting in significant savings compared to current import costs.
“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,” he added.
In light of this, the refinery assured Nigerians that it is committed to ensuring the availability of petrol across the country, even in remote areas. “With this action, there will be petrol in every local government area of the country regardless of their remote nature,” Chiejina assured.