BREAKING: Dangote To Allow President Tinubu To Set Petrol Price For His Refinery

Dangote has promised to allow President Tinubu and NEC to set petrol price for his refinery.

 

NewsOnline Nigeria reports that the owner of the Lagos-based refinery Aliko Dangote, on Tuesday, spoke on pricing for petrol produced at his 650,000 barrels per day facility.

 

The refinery owner said as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market.

 

ALSO: Dangote Refinery Rolls Out Petrol Amid Scarcity In Nigeria

 

“Our PMS (Premium Motor Spirit) can be in filling stations within the next 48 hours depending on NNPCL,” he said.

Asked to speak on the pricing of petrol from his refinery, Dangote said, “It is an arrangement which is designed and approved by the Federal Executive Council led by His Excellency, President Bola Ahmed Tinubu.

 

“As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.

 

He declared that “it’s a celebration day” for Nigerians and assured all citizens that they “are now going to have good petrol while the engines of your vehicles will last longer. You will not be having an engine issue, which a lot of us were having. It won’t happen at all”.

 

“The quality here will match that of anywhere in the world; US, America, we will make sure that nobody will beat us in terms of quality,” Dangote said