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Dangote Refinery denies selling PMS between N1, 015, N1, 028/litre

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The claim that Dangote Refinery sells gasoline for between N1, 015 and N1, 028 per liter was labeled as false on Saturday.

According to reports on Friday, some oil marketers stated that the price of gasoline produced by the Dangote Refinery ranged from N1, 015 to N1, 028 per liter.

They said it would be reasonable to import the product from the international market as the landing cost stood at N978.01/litre as of October 31, 2024.

Reacting to the development, Dangote Group on its X handle dismissed the allegation as ‘fake news’.

NEWSFLASH reported that the Independent Petroleum Marketers Association of Nigeria, IPMAN, had claimed that the price of fuel from Dangote Refinery, as of last week, was higher than in other places.

Yakubu Suleiman, National Assistant Secretary of IPMAN stated this on Friday while fielding questions on Arise Television’s Morning Show programme.

Suleiman said IPMAN members would go where the price is lower and where they get profit, adding that they have to pity Nigerians.