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.
Despite the potential cost savings, blessing highlighted that Nigerian petroleum marketers prefer purchasing from NNPCL rather than directly from Dangote Refinery.
“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.