Management of the Dangote Refinery has denied report of a fixed petrol price of ₦600/litre, describing it as “speculative announcements” with no basis.
Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina, said this in a statement on Tuesday.
Dangote issued this denial following media reports that the refinery was discussing with oil marketers on the possibility of selling petrol for ₦600 per litre.
The company stressed that it has not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN), and will communicate through official channels.
The statement read, “Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers on Tuesday, August 13, 2024.
“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 transcript.
“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.”
