Site icon Naijaonpoint.com.ng

Dangote Refinery hits back: We sold fuel in dollars to NNPCL, not N898 per Litre

NNPCL trucks at the refinery

Published By: Kazeem Ugbodaga

By Kazeem Ugbodaga

The Dangote Refinery has refuted allegations from the Nigerian National Petroleum Company Limited (NNPCL) that it sold fuel at N898 per litre.

According to the refinery, fuel was actually sold to NNPCL in dollars, not in naira.

Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Refinery, addressed the controversy in a statement released on Sunday.

He criticised the statement attributed to NNPCL spokesperson Mr. Olufemi Soneye, calling it both misleading and intended to undermine recent achievements in addressing Nigeria’s energy shortages.

Chiejina clarified that the refinery’s attention had been drawn to Soneye’s claim that Dangote Refinery was selling Premium Motor Spirit (PMS) at N898 per litre.

  • Petrol distribution begins: NNPCL deploys over 100 trucks to Dangote Refinery
  • Petrol from Dangote Refinery to hit filling stations from Sunday
  • The ignorance driving criticism of President Bola Tinubu over NNPCL

He denounced the statement as a deliberate attempt to discredit the refinery’s efforts and the progress made toward solving the country’s energy challenges.

“We urge Nigerians to disregard this malicious statement,” Chiejina said.

“The official pricing will be announced by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by President Bola Ahmed Tinubu, which will begin its work on October 1, 2024,” it added.

Chiejina emphasised that the current stock of crude oil was procured in dollars, and the sales to NNPCL were conducted in the same currency.

He highlighted that this approach has resulted in significant savings compared to the cost of imports, ensuring that petrol will be available in every local government area, including the most remote regions.

“The Dangote Refinery remains committed to providing high-quality petroleum products and ending the long-standing fuel scarcity in Nigeria,” Chiejina assured.

Exit mobile version