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Dangote Refinery Denies Role In Petrol Pump Price Hike

Posted on by admin-1
Dangote Petroleum Refinery has distanced itself from allegations of arbitrarily increasing petrol pump prices.
The refinery attributed the recent adjustment in the former depot price of Premium Motor Spirit to fluctuations in global crude oil prices.
This was contained in a press release by Group Chief Branding and Communication Officer, Anthony Chiejina.
The refinery clarified that while its former depot price increased by 5%, from N899.50 to N950 per litre, the adjustment remains significantly lower than the 15% rise in global crude oil prices.
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