The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have disagreed over the pricing of petrol supplied by the refinery. NNPCL claimed it purchased the first batch of petrol at N898 per litre, but Dangote stated that no pricing agreement had been reached. According to Dangote, the initial supply was priced in dollars as it was refined from imported crude.
Dangote's Chief Communications Officer, Anthony Chiejina, labeled NNPCL's claim as "misleading," urging Nigerians to disregard the statement. He added that the pricing for future supplies would be determined by a technical committee starting October 1, 2024, noting that the current stock was sold with significant savings compared to imported fuel.
NNPCL confirmed it received 16.8 million litres of petrol, short of the expected 25 million litres, but assured Nigerians that over 70 trucks had already been loaded for distribution. The Independent Petroleum Marketers Association of Nigeria (IPMAN) expressed concerns about their access to the refinery’s fuel supply, hoping for a direct distribution deal with Dangote in the future.
Meanwhile, Lagos State plans to implement an e-call up system to manage truck movements within the Lekki-Epe Free Trade Zone, aiming to streamline logistics and prevent congestion as fuel distribution from Dangote Refinery ramps up.
