Dangote Group has disclosed that it is yet to finalise contract with the Nigerian National Petroleum Company (NNPC) Limited in order to commence lifting of Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Refinery.
TheNewsGuru.com (TNG) reports Dangote Group had earlier disclosed that petrol from the Dangote Refinery will be out in filling stations across the country in less than 48 hours and that it was awaiting a nod from NNPC Limited to roll out the product.
However, with the new disclosure that the contract to lift petrol is yet to be finalised, it, therefore, means there might be delay in the roll out of petrol from the refinery as Dangote has also refuted claims that it has fixed the price of petrol at N897 per litre.
Anthony Chiejina, Dangote Group Chief Branding and Communications Officer, who made this known in a statement dated 4 September 2024, stressed that the responsibility to fix the price of petrol falls under the purview of relevant government authorities.
While assuring that the product will be readily available all over the country, Dangote also refuted claims that the NNPC has commenced lifting petrol from the refinery.
The statement reads: “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at N897 per lite” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.
“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.
“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.
“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.
“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter. We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country”.
Meanwhile, NNPC Limited had opened up on when Dangote petrol will be available, while also revealing that it would be shipping fresh cargoes of crude oil to the refinery as part of the federal government’s push to drive local production of petroleum products.