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Dangote Refinery on Saturday tagged as fake the allegation that it sells petrol between ₦1,015 and ₦1,028/litre.
Some oil marketers had reportedly on Friday said the price of petrol, produced by the Dangote Refinery stood between ₦1,015 and ₦1,028/litre.
Read Also: Dangote’s Fuel Price Higher Than Other Sources – IPMAN
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’.
The Eastern Updates reported that 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.
Yakubu Suleiman, National Assistant Secretary of IPMAN stated this on Friday while fielding questions on Arise Television’s Morning Show programme.
Suleiman said IPMAN members would go where the price is lower and where they get profit, adding that they have to pity Nigerians.
In other news, the Independent Petroleum Marketers Association of Nigeria, IPMAN, on Friday said that the price of fuel from Dangote Refinery, as of last week, was higher than the price of the product from other sources.
IPMAN said members must go where the price is lower and where they get profit, adding that they have to pity Nigerians.
Yakubu Suleiman, National Assistant Secretary of IPMAN, stated this on Friday while fielding questions on Arise Television’s Morning Show programme.
Suleiman argued that prices of petroleum products are determined by international pricing, insisting that Dangote is supposed to be disclosing the amount he’s going to sell his product.
