The Dangote Group has denied reports of a planned increase in petrol price to N600/litre, as attributed to the Independent Petroleum Marketers Association of Nigeria (IPMAN).
In a statement released on Tuesday, Anthony Chiejina, Group Chief Branding and Communications Officer, clarified that IPMAN is not a business partner of Dangote Refinery and has no authority to speak on its behalf.
Chiejina emphasised that the company has not discussed petrol prices with IPMAN and urged the public to disregard speculative announcements.
He assured stakeholders that official statements will be made through designated channels.
The statement below;
We have not fixed Petrol Price
Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday August 13,2024.
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.
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.