The Federal Government is set to announce a new fuel price on October 1st, 2024 in a move expected to impact both consumers and the broader economy.
This much was revealed in a press statement released last night by the Chief Communication Officer of the Dangote Refinery, Anthony Chiejina, Sunday night.
The Refinery issued the press release to counter a statement credited to the Spokesman for the Nigeria National Petroleum Corporation (NNPC) Olufemi Soneye, that the Dangote Refinery sold the product at N898/litre to the NNPC.
Dangote refinery denied the price labelling the claim as “misleading and mischievous,” stating that it undermined the company’s recent milestone in addressing Nigeria’s long-standing energy crisis.
According to Chiejina, the statement from NNPC was aimed at derailing the progress achieved towards alleviating energy insufficiency and insecurity, which had plagued the country for decades.
In a statement on Sunday, the Dangote official said, “Our attention has been drawn to a statement attributed to NNPC spokesperson, Mr Olufemi Soneye, that we sell our PMS at N898/litre to the NNPC.
“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedevilled the economy in the past 50 years.
“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.”
