Nigeria’s petroleum marketers under the umbrella of Products Retail Outlets Owners Association (PROOA) have asked Dangote Refinery to unveil the price of its Premium Motor Spirit (Petrol) to Nigerians.
The President OF PROOA), Billy Gillis-Harry and the President of the Independent Petroleum Marketers Association of Nigeria, IPMAN Abubakar Maigandi stated this in separate interviews with an online medium on Thursday, 13 September, 2024.
The petroleum marketers were reacting to a statement by the Vice President of Dangote Industries Limited, Devakumar Edwin that local marketers were boycotting Dangote Refinery petrol for imported ones despite its lower prices.
However, Gillis-Harry explained that marketers have yet to know the price of Dangote Refinery’s petrol which they claim has lower prices than imported ones.
According to him, petroleum marketers in Nigeria are willing to patronize Dangote Refinery Petrol based on a fair price.
“Why don’t Dangote Refinery give us a price list of what his price is? They cannot tell the price of Dangote Refinery’s PMS which they claim is cheaper than imported petrol. What is the price of DRL petrol?
“How come they are saying marketers are boycotting their petrol? We don’t know how much Dangote is selling its petrol.
“We are willing to partner with him but we partner on the basis that we would be able to sell with a human face”, he said.
On his part, Madigan said that local marketers can’t boycott Dangote Refinery’s petrol as claimed by Edwin.
He stressed that oil marketers were yet to know the price of Dangote Refinery’s petrol.
According to him, petroleum marketers are ready to patronize Dangote Refinery petrol provided the price is not more than the price they are currently buying
“We don’t know the price of Dangote Refinery’s Petrol. We are ready to buy Petrol from Dangote Refinery in any condition provided the price is not more than the price we are getting from other places”, he said.
He added that marketers buy Petrol at various prices depending on location.
Recall that the president of Dangote Group, Aliko Dangote, while announcing the rollout of his petrol in the first week of September said that the price will be determined by the Federal Executive Council headed by President Bola Ahmed Tinubu.
