News

September 15, 2024

Dangote faults NNPC’s claim of lifting petrol at N898 per litre

'NNPC wants office space for its staff at Dangote Refinery'

By Obas Esiedesa, Abuja

Dangote Refinery has faulted the claim by NNPC Limited that it loaded petrol from the refinery at N898 per litre.

Dangote in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer, described the claims as “misleading and mischievous”.

Mr. Olufemi Soneye, Chief Corporate Communications Officer, NNPC Limited, was earlier reported to have said it bought the product at N898 per litre in contradiction to reports that it was sold to it N766 per litre.

Dangote however clarified: “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per f 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 bedeviled 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 availability of quality petroleum product and putting an end to the endemic fuel scarcity in the country”.