Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home News

Dangote Refinery Refutes Claims Of Selling Petrol To NNPCL At ₦898 Per Litre

byGLAMTUSH
September 16, 2024
in News, Nigeria News
Reading Time: 2 mins read
Petrol Price
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

Dangote refinery has refuted claims of selling petrol to NNPCL at ₦898 per litre.

 

Glamtush reports that the Dangote Refinery located in Lagos has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre.

READ ALSO

UTME Resit: JAMB To Release Results Of 379,000 Candidates Wednesday

Father Of WASSCE Student Killed By Stray Bullet Drove Against Traffic- Oyo Govt Claims

 

This online news platform gathered that a spokesman for the refinery Anthony Chiejina in a statement late Sunday described the claim by the NNPCL as “misleading and mischievous”.

He said, “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.

“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 bedeviled 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 Ahmed Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.

 

ALSO READ: BBNaija: Ben, Chizoba Evicted From No Loose Guard House

 

“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature.”

The NNPCL began loading the first batch of petrol from the Dangote Refinery on Sunday.

Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day.

The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.

 

The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

Nigeria, Africa’s most populous nation, faces energy challenges, with all its state-owned refineries non-operational. The country is heavily reliant on imported refined petroleum products, with the state-run NNPC being the major importer of the essential commodities.

Fuel queues are commonplace in the country. Prices of petrol tripled since the removal of subsidy in May 2023, from around ₦200/litre to about ₦1000/litre, compounding the woes of the citizens who power their vehicles, and generating sets with petrol, no thanks to decades-long epileptic electricity supply.

Related Posts

UTME
Education

UTME Resit: JAMB To Release Results Of 379,000 Candidates Wednesday

May 20, 2025
Student Killed By Stray Bullet
News

Father Of WASSCE Student Killed By Stray Bullet Drove Against Traffic- Oyo Govt Claims

May 20, 2025
VeryDarkMan
News

Court Dismisses VeryDarkMan’s Objection Against Falana’s N1bn Defamation Suit

May 20, 2025
Stray Bullet Kills Student
Metro/Crime

VIDEO: Stray Bullet Kills Student Going To Write WAEC Exam In Ibadan

May 20, 2025
Banking Sector
News

CBN Reassures Public On Banking Sector Stability

May 20, 2025
Noble Golfer Award,
News

Adron Chairman Aare Adetola Emmanuelking Honoured With Nigeria’s First Ever Noble Golfer Award

May 19, 2025
Next Post
BBNaija

BBNaija: Ben, Chizoba Evicted From No Loose Guard House

GPBN Associates Member

Fidelity Bank

Zenith Bank

UTME

UTME Resit: JAMB To Release Results Of 379,000 Candidates Wednesday

May 20, 2025
Bruyne

PHOTOS: Man City Name Academy Road After Kevin De Bruyne

May 20, 2025
Student Killed By Stray Bullet

Father Of WASSCE Student Killed By Stray Bullet Drove Against Traffic- Oyo Govt Claims

May 20, 2025
Fidelity Bank

The Mischief In Fidelity Bank Bankruptcy Rumour

May 20, 2025
VeryDarkMan

Court Dismisses VeryDarkMan’s Objection Against Falana’s N1bn Defamation Suit

May 20, 2025
Fidelity Bank

10 Reasons Fidelity Bank Is Unshakable In 2025

May 20, 2025
Stray Bullet Kills Student

VIDEO: Stray Bullet Kills Student Going To Write WAEC Exam In Ibadan

May 20, 2025
Adelabu

Warning To Adelabu: Ignore Primate Ayodele’s Prophecy And Forget About Becoming Next Oyo Governor

May 20, 2025
Fidelity Bank

Who Is Afraid Of Fidelity Bank? – Udeme Etukeyen

May 20, 2025
Banking Sector

CBN Reassures Public On Banking Sector Stability

May 20, 2025

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2022 Glamtush