NNPCL lied, we didn’t sell fuel to them at N898/litre – Dangote Refinery

Dangote Refinery has refuted claims that it sold fuel to the Nigerian National Petroleum Company Limited (NNPCL), at N898 per litre. The company labeled the assertion as “misleading and mischievous.”

In a statement issued on Sunday, signed by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Industries, the refinery urged Nigerians to disregard the claims.

Chiejina clarified that fuel pricing will be formally announced by a Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by President Bola Ahmed Tinubu. The pricing is expected to be revealed by October 1, 2024.

“Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, claiming that we sell our PMS at N898 per litre to NNPCL. This statement is both misleading and mischievous, aimed at undermining our achievement in addressing energy insufficiency and insecurity that has plagued the economy for over five decades,” the statement read.

Chiejina emphasized that Dangote Refinery sold fuel to NNPCL in dollars, with substantial savings compared to imported products.

“Nigerians should note that our crude stock was procured in dollars. Despite this, we ensured savings for NNPCL compared to their current import costs. This move guarantees fuel availability across all local government areas, including remote regions,” he added.

The refinery assured the public of a steady supply of quality petroleum products, aimed at ending the persistent fuel scarcity in the country.

This clarification follows an earlier statement by NNPCL spokesperson Soneye, who claimed that the company had purchased petrol from the Dangote Refinery at N898 per litre during an initial loading on September 15, 2024.