We have not fixed petrol price- Dangote Group

The Dangote Group has refuted reports claiming that the Independent Petroleum Marketers Association of Nigeria (IPMAN) projected a N600 per litre price for petrol from Dangote.

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According to a  statement issued by Anthony Chiejina, the Group’s Chief Branding and Communications Officer, Dangote clarified that IPMAN is not a business partner, and no discussions regarding Premium Motor Spirit (PMS) pricing have taken place between them.

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The statement reads:”Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday August 13,2024.”

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However, the statement further stated that”We would like to clarify that Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet.

“We have never discussed price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us, either for good or with hidden transcript.”

The company therefore disclosed
“We urge the public to desist from such speculative announcements. We have our official channels through which we make our views known to our stakeholders.”