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.

Advertisement

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

“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…

Advertisement

“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
NEWS2 hours ago

Sen. Nwoko Empowers Several Constituents in Delta North with Federal Jobs

FEATURED5 hours ago

Army Troops, Civilian JTF Send 8 Terrorists to Hell in Bloody Gunfire in Borno

Heavy-Duty vehicles
FEATURED9 hours ago

85 Senators Append Signature for Anioma State Creation Aheads Public Hearing

COMMUNITY REPORT10 hours ago

Isoko North Council Boss Tasks Religious Leaders on Speaking Truth to Power

FEATURED12 hours ago

How we Operated as a “One Chance” Keke’s Robbery Gang – Kingpin Leader Told Police Investigators

ENTERTAINMENT1 day ago

Billionaire Nwoko, Regina Daniels Back AGN’s National Secretariat, App Launch

FEATURED1 day ago

EFCC Arrests 74 Alleged Internet Fraudsters with Rifle Pistol, 86 Phones, Motorcycles in Abuja

COMMUNITY REPORT1 day ago

Sen. Nwoko Pays Glowing Tribute to Dein of Agbor on His 48th Birthday

COMMUNITY REPORT1 day ago

Pomp, as Waive Leads High-powered Delegation to Pay Homage to New Udu Monarch

FEATURED2 days ago

Tantita Reveals How Foreigners Smuggle Nigerian Oil

COMMUNITY REPORT4 days ago

‘We’re Committed to Healthcare Delivery’ – Isoko North Boss as He Flags Off 2nd Phase Immunization Exercise

FEATURED4 days ago

Stolen Artifacts: Senate Intensifies Efforts on Policy Recommendations As Nwoko’s C’ttee Meet Stakeholders

FEATURED4 days ago

‘Being an Alarmist Doesn’t Fit Your Status’ – APC Chieftain Slams Gov Oborevwori’s Chief Strategist

Ganduje
FEATURED4 days ago

How Tinubu ‘Forced’ Ganduje to Resign as APC National Chairman

COMMUNITY REPORT5 days ago

Isoko South Chair Flags Off 2025 Immunisation Plus Days

Advertisement
Advertisement