Dangote Group Denies Allegations of Selling Petrol to NNPC at N898 per Litre


In a swift rebuttal to recent claims, the Dangote Group has dismissed assertions made by the Nigerian National Petroleum Company Limited (NNPC) spokesperson, Olufemi Soneye, regarding the sale of Premium Motor Spirit (PMS) to the NNPC at an inflated rate of N898 per litre. 
According to the Dangote Group, these allegations are entirely false and misleading. The company emphasized its commitment to transparent business practices and reassured the public that it continues to prioritize affordability and reliability in the petroleum supply chain. 

The controversy arose after Soneye was reported to have made the statement during a press briefing, sparking concerns about potential price hikes and disruptions in the fuel market.

 In response, Dangote Group's representatives reiterated that their dealings with the NNPC adhere to market regulations and international best practices, dismissing any suggestions of unfair pricing.

As tensions mount in the Nigerian fuel sector, both companies are likely to face increased scrutiny, with consumers and industry stakeholders eager for clarity on the pricing mechanisms at play. 

For now, the Dangote Group firmly maintains that the claims are baseless, calling for an end to the spread of misinformation.

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