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‘Mischievous claim,’ Dangote denies selling petrol at N898 per litre to NNPC

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'Mischievous claim,' Dangote denies selling petrol at N898 per litre to NNPC

The Dangote Group has dismissed as ‘mischievous’ and ‘misleading’ a claim by the Nigerian National Petroleum Company (NNPC) Limited that it purchases fuel from the Dangote Refinery at N898 per litre.

Anthony Chiejina, the Dangote Group’s Chief Branding and Communications who made the denial in a statement on Sunday, urged Nigerians to disregard the malicious statement and await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries.

“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,” the statement reads.

“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.”