Dangote Group has denied reports that the Nigeria National Petroleum Company Limited (NNPCL) is currently lifting petrol from its refinery at N897 per litre.
The group's Chief Branding and Communications Officer, Anthony Chiejina, in a statement on Thursday, said the company is unable to set the price of petrol until it finalises its arrangement with the NNPCL.
The company also noted that “the PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector,” therefore, “we cannot determine, fix, or influence the product price, which falls under the purview of relevant government authorities.”
It urged the public to disregard the erroneous headline and reassured Nigerians of the group’s commitment to transparency and fairness in their operations.
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