Dangote Refinery has clarified that it has not yet determined the official selling price for petrol (PMS) from its refinery, countering recent reports suggesting that the company had set a fixed price.

The clarification in a statement by Chief Branding & Communications Officer, Anthony Chiejina, comes amid growing public anticipation surrounding the refinery’s production and the potential impact on Nigeria’s fuel market.

The statement said: “Our attention has been drawn to headlines announcing ‘Marketers Project N600/ litre for Dangote Petrol’. 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 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,” he said.