Dangote Refinery Reveals The Real Price Of Petrol, Exposes NNPC’s Deception

Dangote Refinery has reacted to the statement by the spokesperson of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, claiming that it sold petrol for ₦898 per litre.

Naturenex had earlier reported that Soneye in a statement forwarded to Daily Trust claimed that Dangote Refinery sold petrol for ₦898 per litre.

Dangote, however, in a statement released through Group Chief Branding and Communications Officer, Anthony Chiejina, said Soneye’s statement is misleading and mischievous.

He revealed that the formal announcement on the pricing would be disclosed when Naira-based crude sales commences in October.

The statement reads, “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.”