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    Dangote Refinery slams NNPCL over N898 per litre claim

    David GreatBy David GreatSeptember 15, 2024No Comments2 Mins Read
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    Dangote refinery IPO targets investors with dollar dividends
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    Dangote Refinery has kicked back at claims by the Nigerian National Petroleum Corporation Limited that it sold petrol at N898 per litre to the state-owned oil company.

    In a statement on Sunday, Dangote Refinery urged Nigerians to disregard the claims made by the NNPCL, describing it as “misleading and mischievous.”

    Dangote Refinery said it would wait for a technical subcommittee’s submission before announcing how much petrol it would sell.

    “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,” Anthony Chiejina, Group Chief Branding and Communications Officer, Dangote Group, said in a statement.

    “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.

    NNPCL to hand over refineries to private operators
    NNPCL

    “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 Tinubu, 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,” it added.

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    Oil pump jack silhouetted against rising price chart as OPEC faces crisis after UAE exit

    UAE exit rattles OPEC as UN warns of food, trade crises

    April 29, 2026
    PSG beat Bayern 5-4 in a dramatic Champions League semi-final first leg

    PSG edge Bayern in record-breaking nine-goal semi-final first leg

    April 29, 2026
    Terrorists threaten to kill 176 Kwara hostages in one week

    Terrorists threaten to kill 176 Kwara hostages in one week

    April 28, 2026
    Flight disruptions persist amid aviation fuel scarcity

    Flight disruptions persist amid aviation fuel scarcity 

    April 28, 2026
    Court fast-tracks trial of alleged coup plotters in Abuja

    Court fast-tracks trial of alleged coup plotters in Abuja

    April 28, 2026
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