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NNPC has not commenced lifting of petrol from our refinery – Dangote

Dangote Petroleum Refinery has dismissed reports claiming that the Nigerian National Petroleum Corporation (NNPC) Limited, has commenced lifting of refined petrol from its Refinery.

Dangote further clarified that the refinery is yet to announce any price for the sale of petrol from its refinery to members of the public.

This was disclosed by the Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, in a statement on Thursday.

The statement reads: “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at ₦897 per litre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.

“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (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, as we are yet to finalize our contract with NNPC.”

Dangote further added, “The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.

“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.

“We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country.”

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