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”.

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.

Advertisement
Article Banner

“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.

“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
Article Banner

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.

Continue Reading
Advertisement
Click to comment
FEATURES2 hours ago

Onanuga Blasts Peter Obi as ‘Overhyped, Clueless’ Ahead of 2027 Election

FEATURES7 hours ago

Tinubu Mourns Bamanga Tukur, Hails ‘Man of Big Ideas’ as Former Gongola Governor Dies at 90

FEATURES13 hours ago

Man Arrested While Allegedly Trying to Sell His 16-Month-Old Daughter in Abia Hotel

FEATURES1 day ago

One Suspect Arrested Over Ondo Herbal Drink Deaths as Toll Rises Above 30

OPINION1 day ago

₦100BN OIL AND GAS PARK: OMO-AGEGE HITS BACK AT DAFINONE—”STOP SABOTAGING URHOBO’S BIGGEST PROJECT SINCE DSC,” BY GODWIN ANAUGHE

FEATURES1 day ago

Diphtheria Outbreak: 2 Dead, 5 Confirmed Cases in Abuja — FCTA Moves to Contain Spread

FEATURES2 days ago

Xenophobic Attacks: National Assembly Suspends Official Visits to South Africa, Orders Boycott

FEATURED2 days ago

2027: Urhobo Monarchs Warn Against Political Division, Endorse Oborevwori as Sole Governorship Candidate

FEATURED2 days ago

Delta Police Arrest 16 Suspects, Recover Firearms, Illicit Drugs, Stolen Car

FEATURED2 days ago

Ogorugba Hails Huge Turnout at Delta South APC Mega Meeting, Reaffirms Support for Tinubu, Oborevwori Continuity

FEATURED2 days ago

Isoko South Chair, Friday Warri, Reveals APC’s Grassroots Strategy for 2027

METRO2 days ago

Isoko South Chair Welcomes 246 Recce Army’s Battalion in Oleh, Lauds Tinubu’s LG Policies

COMMUNITY REPORT2 days ago

Ogorugba Performs Groundbreaking for Construction of Akiewhe-Owhe Community Market

Defense and Security2 days ago

U.S. Boosts Nigeria’s War On Terror With Fresh Military Equipment

COMMUNITY REPORT2 days ago

CSR: ManRoy, Tantita Security Donate 18-Seater Bus to NUJ Warri

Advertisement
Advertisement

z

   


Article Banner