IPMAN Says Dangote petrol price at N990/litre reason Nigerians can’t buy cheaper fuel

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Nigerians should be able to buy Dangote Refinery’s locally made Premium Motor Spirit (Petrol) at a cheaper price than the current ex-depot prices of N960 and N990 per litre.

The spokesperson for IPMAN disclosed this in an exclusive interview with Newsmen on Monday.

His comment follows a statement on Sunday by Dangote Group spokesperson, Anthony Chiejina, who indicated that Dangote Petrol is sold at N960 per litre for ships and N990 per litre for trucks.

The company also alleged that those who claim to be importing PMS at cheaper prices are importing substandard products.

Additionally, Dangote Refinery alleged that there is an international oil firm that blends and sells substandard petrol to the Nigerian market.

Reacting to the pricing structure of Dangote’s petrol, Ukadike stated that the prices set by the 650,000 barrels per day refinery encourage importation.

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