Disclose quantity of PMS supplied to NNPCL, Group urges Dangote Refinery

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. […]

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, 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, while commending NNPCL for resisting any monopolistic tendencies, 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.