Dangote Reacts To Speculation Of Its Fuel Price By IPMAN

The management of Dangote Refinery has reacted to a projection of its fuel price by the Independent Petroleum Marketers Association of Nigeria (IPMAN).

In a statement spotted by www.theoctopusnews.com, Dangote noted that it is yet to fix a price for its petrol.

The statement dated 13th August 2024, and signed by Anthony Chiejina, Group Chief Branding, and Communications Officer at Dangoten also noted that IPMAN is not its business partner yet, even as it stated that Dangote never discussed the price of Premium Motor Spirit (PMS) with the association.

Further, Chiejina stated that IPMAN has no mandate or authority to speak for them, either for good or with a hidden transcript,

Furthermore, the statement urged the public to desist from such speculative announcements, as Dangote Refinery has its official channels through which their views are made known to stakeholders.

Read the original 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 the 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.

Anthony Chiejina,

Group Chief Branding and Communications Officer

13th August, 2024