JUST IN: Dangote Refinery hits IPMAN, PETROAN, reveals price of petrol per litre
Dangote refinery has disclosed the price of its petrol, revealing that it sells petrol at N960 per litre for ships and maintains a price of N990 per litre for trucks.
The statement follows claims from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) that they can import fuel at cheaper rates than Dangote.
In an earlier interview, the marketers alleged they were buying fuel more affordably from abroad and called on Dangote Refinery to collaborate with stakeholders.
In response, the refinery argued that only substandard products could be obtained at prices lower than its own.
In a statement on Sunday night by the Group Chief Branding and Communications Officer, Anthony Chiejina, Dangote Refinery 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.
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