Against the recent speculations that the price of fuel from Dangote Refinery may cost between N600 and N650, the management of the refinery has stated that it has not fixed the price of the Premium Motor Spirit (PMS), popularly called petrol.
It urged the public to ignore the projected pump price of between N600 and N650 by the Independent Petroleum Marketers Association of Nigeria (IPMAN)
The Group’s Chief Branding and Communications Officer, Anthony Chiejina, made this known in a statement while reacting to a report with the headline “Marketers Project N600/liter for Dangote Petrol”.
Marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria had said they believe that the Dangote refinery would crash the price of petrol as it did with diesel.
But the statement read, “Our attention has been drawn to headlines announcing “Marketers Project N600/liter for Dangote Petrol” published in some national daily on Tuesday, August 13, 2024.
“We would like to clarify that the Independent Petroleum Marketers Association of Nigeria is not our business partner yet. We have never discussed the price of Premium Motor Spirit with them, and they have no mandate or authority to speak for us, either for good or with the 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.”