Dangote reacts to reported oil deal with IPMAN
By:Femi Mustapha
The Dangote Refinery has denied receiving payments from the Independent Petroleum Marketers Association of Nigeria, IPMAN, to purchase refined petroleum products.
Dangote, in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer, on Thursday, 31st December 2024 said it is misleading to suggest that IPMAN members are experiencing difficulties loading the products from the refinery.
The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products.
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.
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 authorized us to release our Premium Motor Spirit (PMS) to IPMAN.
“We would like to emphasize 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 payments as we have more than enough petroleum products to satisfy the needs of their members.
“Furthermore, %1we 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.
