NNPCL’s Claim on PMS Price Misleading, Says Dangote Refinery

The Dangote Refinery has debunked a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL as misleading.

According to a press statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Refinery on Sunday, “this statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded on Sunday, 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”, the statement added.

“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”, the statement concluded.

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