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The Group Chief Branding and Communications Officer of Dangote, Anthony Chiejina, refuted claims regarding PMS pricing made by NNPCL spokesperson Olufemi Soneye. He emphasized that the official pricing announcement will come from the Technical Sub-Committee on Naira-based crude sales on October 1, 2024.

Dangote Refinery has taken notice of a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, claiming that we sell our Premium Motor Spirit (PMS) at N898 per litre to the NNPCL.

This statement is both misleading and mischievous, deliberately aimed at undermining the significant achievements made on September 15, 2024, in addressing the energy insufficiency and insecurity that have plagued the economy for the past 50 years.

We urge Nigerians to disregard this malicious statement and await a formal announcement on pricing by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Ahmed Tinubu GCFR. This announcement is set to commence on October 1, 2024, considering that our current stock of crude was procured in dollars.

Additionally, it should be noted that we sold the products to NNPCL in dollars, resulting in substantial savings compared to their current imports. This initiative ensures that petrol will be available in every local government area of the country, regardless of their remote nature.

We assure Nigerians of the availability of quality petroleum products and our commitment to eliminating the persistent fuel scarcity in the country.