Dangote sets record straight, says IPMAN paid NNPCL not us 

Fri, Nov 1, 2024
By editor
2 MIN READ

Oil & Gas

THE Dangote Petroleum Refinery has sets the record straight, clarifying that “it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products.” It also clarified that IPMAN paid the Nigeria National Petroleum Company Limited (NNPCL) and not Dangote Petroleum.

A statement by Anthony Chiejina, group chief branding and communications officer, Dangote Group, October 31, said “although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from our Petroleum Refinery, as we currently have no direct business dealings with them.”

“Consequently, we cannot be held responsible for any payments made to other entities.”

According to the statement, “The payment in mention has been made through the Nigerian National Petroleum Company Limited (NNPCL), and not us. In the same vein, NNPCL has neither approved, nor authorised us to release our Premium Motor Spirit (PMS) to IPMAN.

“We would like to emphasise that we can meet the nation’s demand for all petroleum products, including petrol, diesel, and aviation fuel. At present, we can load 2,900 trucks per day and we have also been evacuating petroleum products by sea. We advise IPMAN to register with us and make direct payment as we have more than enough petroleum products to satisfy the needs of their members.”

Part of the statement reads: “We believe it is instructive for all stakeholders to refrain from making unfounded statements in the media, as that could undermine the economic re-engineering efforts of His Excellency, President Bola Ahmed Tinubu. Conducting business through public speculation is counterproductive and unpatriotic.

“In the interest of our country, we encourage all stakeholders to collaborate and heed the advice of President Tinubu, while promoting a unified approach, rather than engaging in media conflicts and needless propaganda.”

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