Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home » Why We Cannot Determine Price Of Petrol – Dangote
NATIONAL

Why We Cannot Determine Price Of Petrol – Dangote

OsunDailyBy OsunDailySeptember 5, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Why Dangote Decided To Establish His Own Refinery - Femi Otedola
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

Dangote Petroleum Refinery, on Thursday, disclosed the reasons why the company can not determine its petrol price.

The Group Chief Branding and Communications Officer, Anthony Chiejina, in a statement, noted that PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence the reason Dangote cannot determine, fix, or influence the product price.

He equally condemned the publication by an online media (Not OsunDailyNG), that Dangote group has fixed the price of its refined Premium Motor Spirit (PMS), commonly known as petrol at ₦897 per litre.

He noted that Nigerian National Petroleum Corporation, Limited, NNPCL, is yet to lift their product.

Read the statement below, “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at ₦897 per litre” published in a news media, on 4 September 2024.

“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.

“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.

“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we cannot determine, fix, or influence the product price, which falls under the purview of relevant government authorities.

“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.

“We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country.”


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
Dangote Determine Petrol Price
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Creative Industry Could Add $100 Billion To Nigeria’s Economy

March 6, 2025

For PDP To Win Lagos, Bode George Must Be Expelled

March 6, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th March 2025

March 6, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.