Billionaire industrialist, and Chief Executive Officer (CEO) of the Dangote Refinery and Petrochemical Plants, Aliko Dangote has disclosed that the refinery sold Premium Motor Spirit (PMS) popularly known as petrol to the Nigerian National Petroleum Company (NNPC Ltd) at 20% cheaper that what the state oil company paid for imported product.
This is coming on the heels of ongoing opacity regarding the pricing of Premium Motor Spirit (PMS) popularly known as petrol between the Dangote Refinery and the state oil company.
Ripples Nigeria reports that Dangote Refinery and NNPCL have been embroiled in a spat regarding the price paid by NNPC Ltd for the product from the 650k barrel per day refinery.
