Dangote Refinery Reveals The Prices It Sells Petrol At  To Ships And Trucks

After much controversies surrounding the official price of its fuel, Dangote Refinery has revealed that it sells its fuel at N990 per litre in trucks and N960 per litre into ships.

This was disclosed Sunday night in a statement signed by the Group Chief Branding and Communications Officer, Anthony Chiejina, Dangote Refinery who noted that it followed the pricing benchmark by the Nigerian National Petroleum Company Limited (NNPCL), adding that it went lower in pricing for selling into ships.

It reads, “Both organisations claim that they can import PMS at lower prices than what is being sold by the Dangote Refinery. We benchmark our prices against international prices and we believe our prices are competitive relative to the price of imports.

“If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products and conniving with international traders to dump low-quality products into the country, without concern for the health of Nigerians or the longevity of their vehicles. Unfortunately, the regulator (NMDPRA) does not even have laboratory facilities which can be used to detect substandard products when imported into the country.

“Post deregulation, NNPC set the pace by selling PMS to domestic marketers at N971 per litre for sale into ships and at N990 for sale into trucks. This set the benchmark for our pricing and we have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre for sale into trucks.

Didactic Information Hut recalls that the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) had claimed that it’s cheaper to import the products than to buy from Dangote Refinery.

The marketers had further called on Dangote Refinery to engage stakeholders.

But in an earlier reaction, Dangote Refinery insisted that only substandard products could be imported at cheaper rates than its own products.