Dangote Refinery has revealed that it sells petrol at N960 per litre for shipments and N990 per litre for trucks. The announcement, made in a statement by Group Chief Branding and Communications Officer Anthony Chiejina, addresses recent claims by associations like IPMAN and PETROAN that imported fuel could be offered at lower prices.

Chiejina asserted that Dangote’s prices align with international benchmarks and criticized competitors, warning that lower prices may indicate substandard products imported at the expense of quality. The refinery emphasized its commitment to quality standards for the health and safety of Nigerians.

The statement further highlighted that post-deregulation, NNPC initially set its petrol prices for domestic sales at N971 per litre into ships and N990 per litre into trucks, forming a basis for Dangote’s pricing strategy. Dangote Refinery has since adjusted its ship sale prices to N960 per litre.

Concerns were also raised regarding foreign companies setting up depots near Dangote Refinery, allegedly to blend and introduce lower-quality fuel into the market. The refinery called for the protection of domestic refining to support job growth and the economy, citing international examples of protective measures in industries such as EVs and microchips.

LEAVE A REPLY

Please enter your comment!
Please enter your name here