The Dangote Petroleum Refinery is set to commence the sale of Premium Motor Spirit (PMS), also known as petrol, following a recent test run of the product.
An anonymous industry source confirmed to Punch that the product will hit the market soon, with the government and Dangote Group working out modalities for the circulation of the product.
The Nigerian National Petroleum Company Limited (NNPCL) will be the sole authorised distributor of Dangote fuel, according to a government source.
Recall that petrol from the Dangote refinery was supposed to have been out since June, but the refinery battled crude shortage and entered into a brawl with the Nigerian Midstream and Downstream Regulatory Authority, which accused the refinery of producing substandard diesel.
The intervention of the Federal Government that crude oil should be supplied to the refinery in the local currency seems to be yielding the desired result.
