By Abubakar Yunusa
The National Civil Society Council of Nigeria (NCSCN) has called on Dangote Refinery Ltd (DRL) to disclose the quantity of Premium Motor Spirit (PMS) it has supplied to the Nigerian National Petroleum Company Limited (NNPCL).
The group is demanding transparency regarding the price of the PMS and the refinery’s pricing plans in a deregulated market.
Addressing journalists in Abuja yesterday, NCSCN Executive Director Amb Blessing A. Akinsolotu expressed concerns about DRL’s business practices.
He questioned why the refinery is negotiating with NNPCL, a competitor, to determine PMS prices in a deregulated regime.
Blessing highlighted that Nigerian petroleum marketers seem to prefer purchasing from NNPCL rather than directly from Dangote Refinery, despite the potential cost savings.
“Why is Dangote Refinery reluctant to sell to other marketers? And if it is determined to make NNPCL its sole off-taker, what is the proposed price?” he asked.
The Executive Director commended NNPCL for resisting any monopolistic tendencies from DRL and urged both parties to be transparent about their dealings.
He also referred to an earlier controversy where Dangote Refinery initially denied receiving crude oil from NNPCL but later confirmed the sale in dollars.
“We urge DRL to provide a detailed response and address the concerns raised,” he said, emphasizing that the issue has now entered the public domain.
Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.
