Business A.M
No Result
View All Result
Friday, July 10, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Companies

Dangote Refinery debunks N600 petrol price allegation

by Admin
January 21, 2026
in Companies, Energy

Cynthia Ezekwe

The management of  Dangote refinery has firmly refuted speculations that it has set the pump price of petrol at N600 per litre for sale to marketers nationwide.

A statement signed by  Anthony Chiejina,  the group chief branding and communications officer of Dangote Industries Limited,clarified that the speculation suggesting that marketers expect the refinery to sell petrol at N600 per litre is not reflective of the refinery’s position.

Chiejina  noted that the company has not partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN), and has no authority to speculate on the price at which the management intends to sell petrol. 

“Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers on Tuesday, August 13, 2024.We would like to clarify that the Independent Petroleum Marketers Association of Nigeria (IPMAN) is not our business partner yet,’’ the statement noted. 

“We have never discussed the price of Premium Motor Spirit (PMS) with them, and they have no mandate or authority to speak for us, either for good or with hidden transcripts. We urge the public to desist from such speculative announcements. We have our official channels through which we make our views known to our stakeholders, ’it added. 

Admin
Admin
Previous Post

Week Ahead! Nigeria inflation, naira, and oil in focus

Next Post

Global alcoholic drinks market contracts for third time in 15 years, Euromonitor finds

Next Post

Global alcoholic drinks market contracts for third time in 15 years, Euromonitor finds

  • Trending
  • Comments
  • Latest

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria's airline boom creates new opportunities across aviation value chain

Nigeria’s airline boom creates new opportunities across aviation value chain

July 10, 2026
Nigeria courts global aircraft makers to unlock airline financing 

Nigeria courts global aircraft makers to unlock airline financing 

July 10, 2026
Chapman Freeborn positions ACMI at centre of African aviation growth 

Chapman Freeborn positions ACMI at centre of African aviation growth 

July 10, 2026
SEC seeks to reopen foreign capital pipeline through frontier market return 

SEC seeks to reopen foreign capital pipeline through frontier market return 

July 10, 2026

Popular News

  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Nigeria agrees with Russia on first nuclear energy plant by mid 2020s

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria's airline boom creates new opportunities across aviation value chain

Nigeria’s airline boom creates new opportunities across aviation value chain

July 10, 2026
Nigeria courts global aircraft makers to unlock airline financing 

Nigeria courts global aircraft makers to unlock airline financing 

July 10, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M