BREAKING: Our Petrol Is Cheaper Than Imported Ones Says Dangote—-Dangote Petroleum Refinery has reacted to The Independent Petroleum Marketers Association of Nigeria (IPMAN) allegation that its more expensive to buy Dangote’s premium motor spirit (PMS), also known as petrol, from the than other places.
The Genius Media Nigeria reports that this is coming after Yakubu Suleiman, national assistant secretary of IPMAN made this disclosure on Arise Television’s Morning Show programme on Friday saying that Suleiman said members go for more affordable options at other depots across Nigeria than the high logistical costs associated with buying petrol from the Dangote refinery.
He said: “If Dangote has a product selling for N1,000, let’s assume, and there’s another place selling for N900, we can’t just say, for the sake of our relationship with Dangote, that we’ll instruct our members to buy there. We must go where the price is lower, where we’ll get profit,” he said.
“As of last week, Dangote’s price was higher than other places.
“Crude prices are coming down internationally, but Dangote’s rate was N995 per litre, and you have to arrange for your cargo and loading. With additional costs for transport and depot fees, how can we sell it at the final outlet?
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