Dangote Denies Fixing Petrol Price  

The management of Dangote Refinery has refuted the headlines circulating that the company has fixed price for its petrol expected to be pushed out before the end of August.

In a statement Tuesday and signed by Anthony Chiejina, Dangote Group Chief Branding and Communications Officer, the Group stated: “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.”