Dangote Refinery has challenged the claim by the Nigerian National Petroleum Company Limited (NNPC Ltd) that it bought petrol from its refinery at N898 per litre.
However, the Dangote Refinery in a statement by its Group Chief Branding and Communications Officer, Anthony Chiejina, on Sunday, also failed to disclose the price at which it sold the product to NNPC Ltd.
On Sunday, Olufemi Soneye, the chief corporate communications officer of the NNPC Ltd, told PREMIUM TIMES in an interview that the company bought petrol from Dangote refinery at N898 per litre.
Mr Soney said market forces now determine domestic pump prices.
“What you need to understand is that it’s market forces that determine the price. For instance, now Brent is $70. Let’s say tomorrow now, Brent goes to $80, you should note that the price will also increase because those are the market forces.
“But today, for this initial 16.8 million litre that was given to us, it was at the rate of N898,”…