Dangote Refinery has clarified its petrol pricing, announcing that it sells at N990 per litre for trucks and N960 per litre for shipments. This comes amid claims from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) that they are able to import petrol at cheaper rates.
In response, Dangote Refinery refuted the claims, suggesting that lower-cost imports likely involve substandard products. “If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products,” stated Group Chief Branding and Communications Officer Anthony Chiejina. “This compromises Nigerians’ health and the longevity of their vehicles.”
The refinery emphasized its adherence to international pricing standards, noting that it benchmarks prices based on the Nigerian National Petroleum Company Limited (NNPCL). “Post-deregulation, NNPC set the benchmark at N971 per litre for sale into ships and N990 per litre for sale into trucks,” Dangote stated, adding that it has even reduced prices slightly to N960 per litre for shipments.
Chiejina highlighted a recent case where an international trading company hired a nearby depot to blend and distribute low-quality fuel. “This is detrimental to domestic refining growth,” the statement read. “Countries globally protect their domestic industries to secure jobs and boost economic growth. For instance, the U.S. and Europe impose tariffs on EVs and microchips to protect their industries.”
He called on Nigerians to dismiss “deliberate disinformation” by parties profiting from importation, noting,
“Our commitment remains to supply high-quality, domestically refined fuel to reduce Nigeria’s reliance on imports and foster economic development,” the statement ended.
