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Home » Dangote Refinery Says Imported Petrol Cheaper But Substandard 
Business

Dangote Refinery Says Imported Petrol Cheaper But Substandard 

Independent Petroleum Marketers Association of Nigeria(IPMAN), and the Petroleum Retail Outlet Owners Association of Nigeria(PETROAN),
Abimbola OgunaikeBy Abimbola OgunaikeNovember 4, 2024No Comments9 Views
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Dangote Refinery has accused those who claimed they are importing PMS at cheaper prices of importing substandard and low-quality products.

Recall  that Dangote Refinery had disclosed that it set its PMS price at N960 per litre for sale into ships and N990 per litre for trucks.

Before now, the Independent Petroleum Marketers Association of Nigeria(IPMAN), and the Petroleum Retail Outlet Owners Association of Nigeria(PETROAN), had complained about the firm’s pricing strategy.

However, Dangote refinery insisted that its rates are competitive and in line with international standards.

The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, stated this in a statement released on Sunday, 3 November, 2024.

“We benchmark our prices against international prices and we believe our prices are competitive relative to the price of imports.

“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,” Chiejina said.

The statement further pledged that the oil firm will continue its operations with a commitment to delivering affordable, good-quality, domestically refined petroleum products in Nigeria.

Dangote Refinery fuel Imported fuel
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Abimbola Ogunaike

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