The Dangote Refinery has responded to claims by IPMAN and PETROAN that they can import Premium Motor Spirit (PMS) at lower prices. In a statement, Anthony Chiejina, Group Chief Branding and Communications Officer, explained that the refinery benchmarks its prices against international rates, ensuring competitiveness.
Chiejina alleged that rivals claiming lower prices must be importing substandard products, jeopardizing Nigerian health and vehicle longevity. He criticized the lack of laboratory facilities at regulatory agency NMDPRA to detect such imports.
The refinery cited NNPC's post-deregulation prices (N971/litre for ships, N990/litre for trucks) as its pricing benchmark. Despite unclear exchange rates for crude purchases, Dangote Refinery sells at N960/litre (ships) and N990/litre (trucks).
Chiejina warned of an international trading company planning to blend substandard products near the refinery, threatening domestic refining growth. He emphasized the need to protect Nigeria's domestic industries, citing US and European tariffs on EVs and microchips as examples.
Dangote Refinery urged the public to disregard "deliberate disinformation" from agents promoting job exportation and poverty importation.
0 Comments