Nigeria’s billionaire businessman, Femi Otedola, has reacted as Dangote Refinery started loading its petrol into trucks on Sunday.
DAILY POST reports that the 650,000 barrels per day Lagos-based refinery began loading its petrol in trucks belonging to the Nigerian National Petroleum Company Limited.
In an update, the Spokesperson of NNPCL Olufemi Soneye said that Dangote Patrol was sold to the company at N898 per liter pump price.
He revealed that at least over 70 trucks have been loaded so far.
“We successfully loaded PMS at the Dangote Refinery today(Sunday).
“The claim that we purchased it at N760 per liter is incorrect.
“For this initial loading, the price from the refinery was N898 per liter”, he said while speaking with Daily Trust.
The development comes as NNPCL had on Saturday confirmed that over 300 trucks arrived at Dangote Refinery ahead of loading of fuel on Sunday.
Reacting, Otedola, who is the Chairman of Geregu Power and First Bank Holding, lauded President Bola Ahmed Tinubu for making Dangote Refinery petrol distribution come alive.
He added that with the development, fuel queues are now a thing of the past.
“Kudos to President Tinubu for making this a reality! Fuel queues are now a thing of the past as Dangote Refinery starts loading PMS today Sunday 15 September 2024”, he said in a terese statement.
Meanwhile, Petroleum marketers have expressed expectations of a cheaper petrol price as Dangote Refinery starts loading fuel into trucks.
However, the marketers had earlier said they are yet to know the pump price per liter of Dangote Petrol.
Earlier, the Nigerian government through the Minister of Finance, Wale Edun said all agreements had been reached for NNPCL to lift petrol from Dangote Refinery on Sunday.
On September 3, 2024, the President of Dangote Group, Aliko Dangote officially announced the rollout of Petrol from Dangote Refinery
Dangote Refinery Petrol: ‘Kudos to Tinubu for making this reality’- Otedola
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