Dangote group denies NNPCL statement on pump price of petrol

There seems to be no end to the cold war between Dangote Refinery and Nigerian National Petroleum Company Limited NNPCL as the Dangote Group has dismissed recent claims attributed to the Nigerian National Petroleum Company Limited spokesperson, Olufemi Soneye, that the company sold Premium Motor Spirit to the NNPC at N898 per litre.

A release issued on Sunday by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, described the claim as “misleading and mischievous,” as it seeks to undermine the company’s recent milestones in addressing Nigeria’s long-standing energy crisis.

The clarification comes after widespread reports suggested that NNPC had purchased fuel from Dangote at the purported price.

The release States that the statement is aimed at derailing the progress achieved towards alleviating energy insufficiency and insecurity, which have plagued the country for decades.

The statement called on 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 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 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 bedevilled 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.”

“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 products and putting an end to the endemic fuel scarcity in the country,” the statement concluded.

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