Connect with us

Hi, what are you looking for?

News

It doesn’t make sense for NNPCL to sell Dangote Petrol higher than imported ones – IPMAN

Independent Petroleum Marketers Association of Nigeria (IPMAN) has decried the decision of the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones.

The NNPCL began loading the first batch of petrol from the Dangote Refinery on Sunday, saying it got petrol at N898 per litre from the private refinery.

But Ravenewsonline can report that Dangote Refinery denied selling petrol to the NNPCL at N898.

Read Also: Dangote Refinery Debunks NNPCL’s N898/Litre Claim, Calls it Misleading

A spokesman for the refinery Anthony Chiejina in a statement late Sunday described the claim by the NNPCL as “misleading and mischievous”.

Before buying petrol from the Dangote Refinery on Sunday, NNPCL retail outlets in Lagos sold petrol for around N855 but on Monday, the NNPC the Dangote petrol will now sell for N950 per litre in Lagos and N1,019 in Borno prompting reactions from Nigerians.

“If NNPC can sell Dangote products higher than the imported products then it doesn’t make sense.

Read Also: Nigerians Are in for More Hardship as IPMAN Mulls Another Pump Price Hike

“What is the celebration we were having all these while then?” IPMAN National Welfare Officer, John Kekeocha, said on Channels Television on Monday, September 16

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Tech

Airlines around the world strive to ensure a seamless and convenient travel experience for millions of passengers. However, behind the scenes, these businesses grapple...

News

Visa, a world leader in digital payments, recently announced strategic investments in four start-ups that graduated from the inaugural cohort of its Visa Africa...

Tech

In a significant escalation of a tax fraud investigation, French and Dutch authorities conducted coordinated raids on Netflix offices in Paris and Amsterdam on...

News

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer...