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Dangote Refinery Operates Petrol Pricing In Secrecy – Petrol Retailers


The President of the Petroleum Products Retail Outlets Association of Nigeria (PETROAN), Billy Gillis-Harris, has asked Dangote Refinery to stop operating in secrecy regarding the pricing of petrol.

Gillis-Harris who spoke on Channels TV on Thursday urged the management of the refinery to be open and get inputs from stakeholders.

The Dangote Refinery is an oil refinery owned by Dangote Group. Aliko Dangote, a Nigerian businessman and industrialist, is the Chairman of Dangote Group, the largest industrial conglomerate in West Africa.

“Regarding Dangote price, as I speak to you this morning, I don’t know what Dangote price is all about and that is speaking a lot because at this point on Dangote campaign into Nigeria, retail outlets like us should know the price input of Dangote but they have kept that shrouded in secrecy up until now,” he said.

He noted that while the Nigerian National Petroleum Company Limited gave a price template, it did not reveal the input of Dangote Refinery in the pricing.

He said, “NNPC gave us a price template that also did not tell us what is the exact price input from Dangote.

“We will encourage Dangote to open up the space of communication, talk to stakeholders, get valuable inputs from everyone because it’s a business that involves Nigerians, retail outlet owners like us, different consumers, so there should be some level of business transparency, even if it’s a private business.

“We are so proud that we have such facility operating in Nigeria but we need to start to see the works. I am unable to confirm to you if Dangote increased their prices or reduced it because we are not aware.”

He noted that the refining company is open about its diesel price but not that of Premium Motor Spirit (PMS), also known as petrol.

“I can tell you about their price for diesel because the diesel prices were made known to us, most of us patronise them for diesel but in case of the PMS, I don’t have any information,” he said.

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