Fuel Shortage Worsens As NNPCL Awaits Supply From Dangote Refinery – Official

Fuel Shortage Worsens As NNPCL Awaits Supply From Dangote Refinery – Official

The Dangote Group on Thursday refuted claims that the Nigerian National Petroleum Company Limited (NNPCL) has begun lifting fuel from its refinery.

Reports had circulated that NNPCL was lifting petrol from the Dangote Refinery and selling it to Nigerians at a rate of N897 per liter. These claims surfaced shortly after Aliko Dangote, Chairman of the Dangote Group, announced that the refinery was prepared to start production and sale of petroleum products.

However, in a statement signed by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, it was clarified that NNPCL has not yet started lifting fuel from the refinery.

“Our attention has been drawn to the headline ‘NNPCL lifts Dangote petrol, sells at N897 per liter’, published in Business Day Newspaper on Wednesday, September 4, 2024,” Chiejina said.

He further clarified, “NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery. Therefore, the question of setting a price for petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.”

Chiejina also emphasized that the PMS market is regulated by government authorities, and the Dangote Group cannot determine