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The Independent Petroleum Marketers Association of Nigeria has denied an allegation by Dangote Group that its members import substandard Premium Motor Spirit (Petrol) into Nigeria.
Spokesperson of IPMAN, Chinedu Ukadike, made this known in an exclusive interview with Newsmen on Monday.
The Eastern Updates reports that Dangote Refinery on Sunday accused petroleum marketers of importing cheaper, substandard petrol into Nigeria.
Read Also: Dangote Sells Petrol To Ships At N960/L, Trucks At N990/L
However, reacting, Ukadike said the Dangote refinery’s claim is baseless and untrue.
According to him, the issue of bad fuel had been resolved in Nigeria’s oil and gas sector.
“Months back, I remember one or two stations raised the issue of bad fuel; since then the issue has been addressed. Since that time, there have not been complaints that marketers imported bad fuel.
“I see the allegations of substandard fuel being imported into the country as unfounded and baseless,” he told Newsmen
The Eastern Updates also reports that while NNPCL retail outlets sell PMS between N1025 and N1060, other filling stations sell between N1,115 and N1,300 nationwide.
Last week Friday, IPMAN hinted at plans to source cheaper petrol for Nigerians amid higher ex-depot prices of Dangote Petrol.
Recall that upon the lifting of Dangote Petrol on September 15, 2024, NNPCL hiked fuel prices. There have been several petrol price hikes since then, which took fuel to between N1,025 and N1,300 per litre.
In other news, Dangote Refinery has publicly detailed its petrol pricing structure, noting that a liter of fuel sells for N990 when distributed in trucks, while the price is reduced to N960 per liter for maritime shipments.
The announcement from Dangote Refinery follows recent assertions by the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), who argue they can source petrol at more affordable rates than those offered by Dangote.
