The Dangote Group has vehemently refuted claims made by Nigerian National Petroleum Company Limited (NNPCL) spokesperson, Olufemi Soneye, that it sells Premium Motor Spirit (PMS) at N898 per litre.
In a statement released on September 15, 2024, the company described the assertion as "misleading and mischievous," alleging that it aims to undermine recent progress in addressing Nigeria's energy crisis.
The statement emphasized that the current stock of crude was procured in dollars, and sales to NNPCL were conducted in the same currency, resulting in significant savings compared to imported fuel prices.
The Dangote Group urged Nigerians to disregard the NNPCL's claims and await an official pricing announcement from a Technical Sub-Committee set to begin operations on October 1, 2024.
The company reassured the public of its commitment to ensuring adequate petrol supply across all local government areas, aiming to eliminate fuel scarcity in the country.
Below is full text of the press statement from Dangote Refinery
“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 bedeviled 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.
“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. 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 product and putting an end to the endemic fuel scarcity in the country.”
Signed:
Anthony Chiejina
Group Chief Branding and Communications Officer
15th September, 2024
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