Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N897 perlitre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.
We would like to state that NNPC has not commenced lifting of refined Premium MotorSpirit (PMS),commonly known as petrol, from our Dangote Petroleum Refinery.
Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, aswe are yet to finalize our contract with NNPC.
The PMS market is strictly regulated, which is known to all oil marketers and stakeholdersin the sector, hence we can not determine, fix, or influence the product price, which fallsunder the purview of relevant government authorities.
We urge the public to disregard the headline as it is misleading and does not represent thetrue position in this matter.
We are guaranteeing Nigerians of exceptionally high quality petroleum products that willbe readily available all over the country.
Anthony Chiejina
Group Chief Branding and Communications Officer
04 September 2024
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