Dangote Refinery Debunks NNPCL’s Claim on Fuel Price

Dangote Refinery has rejected the claim made by the Nigerian National Petroleum Company Limited (NNPCL) that they sold fuel to them at N898 per litre.

The refinery described the statement as misleading, mischievous, and aimed at undermining the significant achievement made towards addressing energy insufficiency and insecurity in the country.

The refinery urged Nigerians to disregard the statement and await an official announcement on pricing from the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by President Bola Ahmed Tinubu, which will commence on October 1, 2024.

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The refinery noted that their current stock of crude was procured in dollars, and they sold products to NNPCL in dollars, resulting in significant savings compared to current imports.

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Dangote Refinery assured Nigerians of the availability of quality petroleum products and an end to endemic fuel scarcity in the country, with petrol available in every local government area, regardless of remoteness.