We Sold PMS in Dollars, Dangote Refutes N898/Litre Claims
By Emmanuel Kwada
The Dangote Group has dismissed a statement attributed to the Nigerian National Petroleum Company Limited (NNPCL) spokesperson, Olufemi Soneye, claiming that the company sells Premium Motor Spirit (PMS) to NNPCL at N898 per litre.
In a press statement released on September 15, 2024, Dangote Group’s Chief Branding and Communications Officer, Anthony Chiejina, described the claim as “misleading and mischievous,” aimed at undermining the milestone achievement of addressing energy insufficiency and insecurity.
Chiejina urged Nigerians to disregard the statement and await 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 company clarified that its current stock of crude was procured in dollars and sold to NNPCL in the same currency, resulting in significant savings compared to current import costs.
This action will ensure petrol availability regardless of location, putting an end to fuel scarcity
Dangote assured Nigerians of the availability of quality petroleum products and an end to endemic fuel scarcity, with petrol set to be available in every local government area across the country.
“This action will ensure petrol availability regardless of location, putting an end to fuel scarcity,” Chiejina stated.
The refutation comes as the Dangote Refinery commences PMS loading, marking a significant step towards Nigeria’s energy self-sufficiency.
PRESS STATEMENT
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.
This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement… pic.twitter.com/2cAluP9NdE— Dangote Group (@DangoteGroup) September 15, 2024
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