Dangote Group denies NNPC’s lifting of petrol, price fixing from its refinery

Dangote Group denies NNPC’s lifting of petrol, price fixing from its refinery as the company announced commencement of petrol lifting from its refinery.

The Dangote Group, in a statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, declared @DangoteGroup

“NNPC yet to lift our petrol”

“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.

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“We would like to state that NNPC has not commenced lifting of refine 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 can not determine 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.”