Dangote Refinery has vehemently denied the claim made by NNPC that it purchased fuel from the refinery at ₦898 per litre. In a statement, Dangote Refinery described the claim as “malicious and misleading,” urging Nigerians to disregard the information.
According to Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote, the company sold the fuel to NNPC in dollars, not naira, and at a price that offers significant savings compared to current import prices.
Dangote Refinery emphasized that the current stock of crude was procured in dollars and that the company is awaiting a formal announcement on pricing from the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by President Bola Ahmed Tinubu, which will commence on October 1, 2024.
The statement also highlighted the significance of Dangote Refinery’s contribution to addressing energy insufficiency and insecurity in Nigeria, ensuring that petrol is available in every local government area, regardless of its remote nature.
NNPC had earlier claimed that it purchased fuel from Dangote Refinery at ₦898 per litre, but Dangote Refinery’s response has cast doubt on the accuracy of this claim, sparking a heated debate over the pricing of fuel in Nigeria.
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