The management of Dangote Group has strongly denied reports claiming that it has set the pump price of petrol at N600 per liter for sale to marketers across the country.
In a statement released on Tuesday, spokesperson Anthony Chiejina clarified that the speculation, reported by a national daily and suggesting that marketers anticipate a N600 per liter price from the refinery, does not represent the refinery’s actual position.
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Chiejina also pointed out that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not connected with the refinery and lacks the authority to speculate on the pricing decisions of the management.
“Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday August 13, 2024.
“We would like to clarify that Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.
“We have never discussed price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us, either for good or with hidden transcript.
“We urge the public to desist from such speculative announcements. We have our official channels through which we make our views known to our stakeholders,” Chiejina said.
