Connect with us

BUSINESS

JUST IN: NNPCL, Dangote Refinery Clash Over ‘N898 Per Litre Petrol Price’

Published

on

The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have not been able to find a ground to reconcile the controversy surrounding the sale of refined Petroleum products by the new refinery.

This is coming as NNPCL, on Sunday claimed that Dangote Refinery sold petrol at N898 per litre, an assertion that was immediately debunked by Dangote Refinery, describing it as misleading.

TheCable quoted Chief Corporate Communications Officer of the national oil company, Olufemi Soneye as disclosing the new price regime by the Dangote refinery.

But Dangote Petroleum Refinery says the claim by the Nigerian National Petroleum Company (NNPC) Limited that the refiner sold petrol at N898 per litre is misleading.

In a statement on Sunday by Anthony Chiejina, the Group Chief Brand and Communications Officer of Dangote Refinery described the statement by NNPC as “mischievous”.

Advertisement

Chiejina urged members of the public to disregard the statement and wait for a formal announcement of pricing.

He also disclosed that their products were sold to NNPCL in dollars, assuring that this would make petrol available in every local government in the country.

“Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr Olufemi Soneye, that we sell PMS at N898 per litre to the NNPCL.

“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, Sunday, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedevilled the economy in the past 50 years.

Advertisement

“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing…

“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing.

“With this action, there will be petrol in every local government area of the country regardless of their remote nature.

“We assure Nigerians of availability of quality petroleum products and putting an end to the endemic fuel scarcity in the country”, the statement reads.

Advertisement

BIGPEN NIGERIA (https://bigpenngr.com) reports that the media, on Sunday was awash with report that a fleet of trucks from NNPCL were at the Dangote Refinery, located in the Ibeju-Lekki area of Lagos State, ready to lift Premium Motor Spirit, known as petrol from the refinery.

Advertisement
Click to comment
FEATURED7 hours ago

Delta CP Aina Adesola Kicks Off Familiarisation Tour with Visits to Asaba Area Command, Asagba’s Palace

METRO8 hours ago

Police Nab Kidnappers, Cultists, Seize Battle Axe, Pistol, Drugs in Delta

FEATURED8 hours ago

Tinubu Announces Key Diplomatic Postings to France, US, UK, and Turkey Ahead State Visit

FEATURED8 hours ago

Tinubu Grants Incentives for Shell’s Bonga Southwest, Other Offshore Projects to Drive Jobs, FX Inflows

FEATURED11 hours ago

Businessman, Company Convicted Over Alleged $80,000 and N953 Million Fraud in Lagos  

FEATURED15 hours ago

EFCC Raises Alarm Over Banks, Fintechs’ Role in N18.7B Fraud, Airline Discount Schemes

FEATURED20 hours ago

Delta Govt Donates N10m to Support Cancer Treatment Initiative

OPINION21 hours ago

DONALD TRUMP: UMEAGBALASI AND THE POWERS OF A SCREWDRIVER SALESMAN, BY JUDE CHIJIOKE NDUKWE

COMMUNITY REPORT23 hours ago

Sen. Nwoko: CoS Details Two-And-A-Half Years of Healthcare, Infrastructure, and Power Initiatives in Delta North

COMMUNITY REPORT1 day ago

Isoko North LGA Boss Assures Residents of Sustained Development

FEATURED1 day ago

CVR: Aniagwu Urges Eligible Deltans to Embrace Process

FEATURED2 days ago

Oyo-Ita, Emefiele Trials: EFCC Continues Pursuit of Alleged Multi-Billion-Naira High-profile Frauds Cases

FEATURED2 days ago

EFCC Recovers N1.2bn from Sujimoto, Hands Over Cheque to Enugu State Government

NEWS2 days ago

Oborevwori Felicitates Delta Deputy Speaker Akpowowo at 53

NEWS2 days ago

Oborevwori Congratulates Festus Keyamo at 56

Advertisement
Advertisement

z