Dangote Refinery has denied a report that it sold premium motor spirit (PMS), also known as petrol, to the Nigerian National Petroleum Company (NNPC) Limited at N898 per litre.
Dangote refinery described NNPC’s claim as “misleading and mischievous.”
The dispute follows NNPC’s disclosure that it purchased PMS from Dangote Refinery at N898 per litre. NNPC’s spokesperson, Olufemi Soneye, confirmed the price to TheCable on Sunday.
“We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N760 per liter is incorrect. For this initial loading, the price from the refinery was N898 per litre,” Soneye said
But Dangote Refinery, in a statement through its spokesperson, Anthony Chiejina, said NNPC claims deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedevilled the economy in the past 50 years.
The refinery, however, urged Nigerians to disregard the NNPC’s announcement, regarding it as “this malicious statement,” and await an official pricing declaration from the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by President Bola Ahmed Tinubu.
It also disclosed that the refinery sold products to NNPC in dollars with a lot of savings against what they are currently importing.
With this action, the refinery stated that there will be petrol in every local government area of the country, regardless of their remote nature.
The company, however, assured Nigerians of quality petroleum products and an end to endemic fuel scarcity.
The statement reads; “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.”
