Africa’s largest crude oil processing refinery Dangote Petroleum Refinery in the Federal Republic of Nigeria has denied media report suggesting that it has fixed price of its petrol at N600/litre.
Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina, said contrary to a report published on Tuesday in which marketers projected a retail price of N600 per litre for Dangote petrol, the group has not decided on any price yet.
He noted that the Independent Petroleum Marketers Association of Nigeria (IPMAN), which made the projection, was not a subsisting business partner to the group.
“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
Source: https://energynewsafrica.com