Chairman of Dangote Group, Aliko Dangote, mentioned yesterday that the pricing of petrol from his refinery would be set by the Federal Executive Council, FEC. During a briefing in Lagos, Dangote explained:
“The pricing structure is determined and approved by the Federal Executive Council, under the leadership of President Bola Ahmed Tinubu.
“Once the arrangement, which Tinubu is actively supporting, is finalized, following our discussions with NNPC, we are fully prepared to enter the market.”
Additionally, Dangote emphasized that the quality of the petrol from the refinery could compete with products from refineries worldwide.
In terms of the supply timeline, an announcement will be made after the meeting with NNPC either today or tomorrow.
Dangote reiterated that once the finalization is complete, “our products will be available in the market.
Our gasoline could reach filling stations within the next 48 hours, subject to NNPC’s cooperation.’’
