August 14, (THEWILL) – Dangote Refinery has refuted reports that it has fixed petrol prices at N600 per litre.
This follows a claim by the Independent Petroleum Marketers Association of Nigeria (IPMAN) that the Dangote Refinery will sell its Premium Motor Spirit (PMS) popularly called petrol, at N600 or N650/litre when it is finally released into the market.
Speaking in an interview with Punch, IPMAN’s National Vice President, Hammed Fashola, said they believe that the Dangote refinery would crash the price of petrol as it did with diesel.
However, the Spokesperson of Dangote Group, Anthony Chiejina, in a statement, on Tuesday night, emphasised that IPMAN is not yet a business partner of Dangote Refinery.
Chiejina, who said the company has never discussed the price of Petrol with the association, said “They have no mandate or authority to speak for us, either for good or with hidden transcripts.”
The statement read, “Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers on Tuesday, August 13, 2024.
“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 a 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.”
