Sponsored
Oil & Gas

Dangote Sets The Record Straight On IPMAN Claims

Sponsored
Sponsored

The Dangote Petroleum Refinery said it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products.

Although discussions are ongoing with IPMAN, the energy company said it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from its Petroleum Refinery.

“As we currently have no direct business dealings with them (IPMAN). Consequently, we cannot be held responsible for any payments made to other entities, Dangote stated.

“The payment in mention has been made through the Nigerian National Petroleum Company Limited (NNPCL), and not us. In the same vein, NNPCL has neither approved, nor authorised us to release our Premium Motor Spirit (PMS) to IPMAN.

“We would like to emphasise that we can meet the nation’s demand for all petroleum products, including petrol, diesel, and aviation fuel. At present, we can load 2,900 trucks per day and we have also been evacuating petroleum products by sea. We advise IPMAN to register with us and make direct payment as we have more than enough petroleum products to satisfy the needs of their members.

“Furthermore, we believe it is instructive for all stakeholders to refrain from making unfounded statements in the media, as that could undermine the economic re-engineering efforts of His Excellency, President Bola Ahmed Tinubu. Conducting business through public speculation is counterproductive and unpatriotic.

“In the interest of our country, we encourage all stakeholders to collaborate and heed the advice of President Tinubu, while promoting a unified approach, rather than engaging in media conflicts and needless propaganda.

Sponsored
Funsho Arogundade

Recent Posts

Sujimoto Founder Makes Daily Times’ List Of Top 100 Trailblazers

Sujimoto Group Founder and Executive Officer, Sijibomi Ogundele, has been named among Nigeria’s Top 100…

2 minutes ago

Two Men Arraigned In Ogba Court For N11.7m Burglary And Theft At Orile Agege

  CYRIACUS IZUEKWE  Two young men, Olamide Damilola, aged 20 years, and Johnson Adeogun, aged…

18 minutes ago

The Poison In The Bottle: How Fake Drinks Are Killing Nigerians In Lagos Bars

CYRIACUS IZUEKWE  The bottle looks original. The label is perfect. The seal is intact. But…

33 minutes ago

Comrade Dauda Backs APC Grassroots Drive With Toyota Sienna Gift To City Boy Movement

ADEOLA OGUNLADE    The drive to strengthen grassroots mobilisation and expand voter engagement for the…

37 minutes ago

El Nino: Lagos Govt Urges Residents To Take Precautions Against Extreme Heat

MICHAEL AKINOLA The Lagos State Commissioner for Environment and Water Resources, Hon. Tokunbo Wahab, has…

7 hours ago

Future Eagles U-15 National Team Arrives In Abuja Aboard Turkish Airlines

Nigeria's Future Eagles U-15 National Team have safely arrived in Abuja following their participation in…

8 hours ago
Sponsored