In response to the comment from some marketers that imported PMS is cheaper than the one supplied from Dangote Refinery. Dangote refinery in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer, described the claim by IPMAN and other marketers as “misinformation.”
The statement disclosed that the refinery commenced sale at N960 per litre for sale into ships while maintaining N990 for sale into trucks.
He explained that the refinery benchmarked its prices against international prices and “we believe our prices are competitive relative to the price of imports.”
The Independent Petroleum Marketers’ Association of Nigeria (IPMAN) had claimed that it is more expensive to buy fuel from Dangote.
Yakubu Suleiman, National Assistant Secretary of IPMAN, spoke in a television interview at the weekend.
The statement by Dangote Refinery reads: “If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products and conniving with international traders to dump low quality products into the country, without concern for the health of Nigerians or the longevity of their vehicles.”
