Some oil marketers had reportedly on Friday said the price of petrol, produced by the Dangote Refinery stood between N1, 015 and N1, 028/litre.
They said it would be reasonable to import the product from the international market as the landing cost stood at N978.01/litre as of October 31, 2024.
Reacting to the development, Dangote Group on its X handle dismissed the allegation as ‘fake news’.
Recall hat the Independent Petroleum Marketers Association of Nigeria, IPMAN, had claimed that the price of fuel from Dangote Refinery, as of last week, was higher than in other places.
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Yakubu Suleiman, National Assistant Secretary of IPMAN stated this on Friday while fielding questions on Arise Television’s Morning Show programme.
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