Business

Dangote says petrol price not fixed 

Dangote says petrol price not fixed 

 

The Dangote Group has reacted to reports that independent marketers were projecting N600 per litre as price for the petrol produced by the Dangote Refinery.

The Dangote Group said in a statement signed by Anthony Chiejina, its group chief branding and communications officer that the company was yet to discuss petrol price with the Independent Petroleum Marketers Association of Nigeria (IPMAN).

The statement reads in full:

“Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday August 13,2024.

“We would like to clarify that Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.

“We have never discussed price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us, either for good or with 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”.

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