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Dangote slams ‘mischievous’ position of NNPCL on petrol price

Controversy trails pricing of Dangote petrol

Credible News by Credible News
September 16, 2024
in Conflict, Economy, Human Interest, Legal, News
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Dangote Refinery Limited has decried claims that it sold petrol to the Nigerian National Petroleum Company Limited, NNPCL, at N898 per litre.

Petrol product was lifted from Dangote on Sunday and shortly the NNPCL spokesperson, Mr. Olufemi Soneye, issued a statement that the refinery sold its petrol at N898 per litre to the NNPCL.

But in a statement on Sunday night by Anthony Chiejina, Group Chief Branding and Communications Officer, Dangote Refinery described the position of the NNPCL as misleading and mischievous.

It explained that a formal announcement on the pricing would be announced when Naira-based crude sales commences in October.

It however explained that what was sold to the NNPCL in dollars came with a lot of savings against what they are currently importing.

READ ALSO: NNPCL sells Dangote petrol at N1,019/ litre in Borno, N950 in Lagos

Read full statement below:

“Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre 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.”

Credible News.ng

Tags: Bola TinubuDangote RefineryNNPCL
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