Business

IPMAN lacks power to speak for us – Dangote Refinery disowns N600/L claims

Dangote Refinery has denied fixing the company’s petrol price.

In a statement signed by Anthony Chiejina, Group Chief Branding and Communications Officer, the company said stories that the price of fuel has been fixed to be sold for N600/litre is false.

“Our attention has been drawn to headlines announcing ‘Marketers Project N600/litre for Dangote Petrol’.

“We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.

“We have never discussed the 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 transcripts.

“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.”

DAILY POST reports that Dangote Refinery and some government agencies have been at loggerheads over the supply of crude oil to the newly established refinery which could end the importation of fuel in the country.

Just a few weeks ago, President Bola Ahmed Tinubu seemed to have intervened in the matter when he directed the Nigerian National Petroleum Company Limited, NNPCL, to sell crude oil to the refinery in the local currency.

Daily Post

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