Africa’s richest man and owner of a $20 billion refinery, Aliko Dangote, has said the pricing of Premium Motor Spirit, PMS, otherwise known as petrol, from his refinery will be decided by President Bola Tinubu-led Federal Executive Council.
He also said the product is ready and will arrive at filling stations in the country within the next 48 hours
Speaking in a video posted by Channels TV, Dangote said the decision on the pricing was an arrangement “which is designed and approved by the federal executive council led by President Tinubu.”
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Dangote however, said that arriving at the filing stations within the time depends on the Nigeria National Petroleum Company Limited, NNPCL.
“As soon as it is finalised, once we finish with NNPCL, which can be today, can be tomorrow we are ready to roll into the market,” Dangote said.
Channels reported that Dangote has declared today “a celebration day” for Nigerians, assuring the people that they are now going to have good petrol that will last longer.
“You will not be having an engine issue, which a lot of us were having. It won’t happen at all. The quality here will match that of anywhere in the world; US, America, we will make sure nobody will beat us in terms of quality,” Dangote assured Nigerians.
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