Dangote Refinery has announced that the Nigerian National Petroleum Corporation (NNPC), is yet to lift Premium Motor Spirit (PMS), commonly known as petrol from its refinery.

It also added that the refinery is yet to announce any price for the sale of petrol from its refinery to members of the public.

The Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, made the clarification in a statement on Thursday where the company reacted to a report which claimed the NNPC has lifted fuel from Dangote refinery and is selling it at ₦897 per litre.

Dangote said it is yet to finalize contractual agreements with the NNPC nor announce a price for its products, hence members of the public should disregard any misleading information on the subject matter.

The statement reads: “Our attention has been drawn to a headline “NNPC lifts Dangote Petrol, sells at ₦897 per litre” published in the BusinessDay Newspapers of Wednesday, 4 September 2024.

“We would like to state that NNPC has not commenced lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from our Dangote Petroleum Refinery.

“Therefore, the issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalize our contract with NNPC.

“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we can not determine, fix, or influence the product price, which falls under the purview of relevant government authorities.

“We urge the public to disregard the headline as it is misleading and does not represent the true position in this matter.

“We are guaranteeing Nigerians of exceptionally high quality petroleum products that will be readily available all over the country.”