Marketers to Dangote: Be open, we’ll buy your fuel if the price is good

Marketers to Dangote: Be open, we’ll buy your fuel if the price is good

Oil marketers have expressed willingness to buy fuel from the Dangote Refinery if the price is favourable.

The marketers however accused the refinery of not being open by not making its price list public and available for them.

President of the Products Retail Outlets Owners Association, Billy Gillis-Harry and the President of the Independent Petroleum Marketers Association of Nigeria, IPMAN Abubakar Maigandi, disclosed this in an interview.

He was reacting to the report by Dangote on Thursday that the marketers were not patronising its refinery and it might be forced to export 97 per cent of the Premium Motor Spirit (petrol) it produces.

Recall that Dangote had on Thursday disclosed that marketers in the country are not patronising its refinery and it may be forced to export 97 percent of the Premium Motor Spirit it produces.

Newstrends.ng recalls Vice President of Dangote Industries Limited, Devakumar Edwin, as disclosing that local marketers were boycotting Dangote Refinery petrol for imported ones despite its lower prices.

Gillis-Harry in an interview with DAILY POST, said that marketers are not privy to the price of Dangote Refinery’s petrol because the company has not made it public.

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According to him, petroleum marketers in Nigeria are willing to patronise Dangote Refinery Petrol based on a fair and reasonable price.

“Why don’t Dangote Refinery give us a price list of what his price is? They cannot tell the price of Dangote Refinery’s PMS which they claim is cheaper than imported petrol. What is the price of DRL petrol?

“How come they are saying marketers are boycotting their petrol? We don’t know how much Dangote is selling its petrol.

“We are willing to partner with him but we partner on the basis that we would be able to sell with a human face”, he said.

On his part, Madigan said Edwin’s claim that that local marketers are boycotting Dangote Refinery’s petrol is false.

He also echoed the assertion of Gillis-Harry that oil marketers were yet to know the price of Dangote Refinery’s petrol.

According to him, petroleum marketers are ready to buy Dangote Refinery petrol provided the price is not more than the price they are currently buying

“We don’t know the price of Dangote Refinery’s Petrol. We are ready to buy Petrol from Dangote Refinery in any condition provided the price is not more than the price we are getting from other places”, he said.

He added that marketers buy Petrol at various prices depending on location.

Marketers to Dangote: Be open, we’ll buy your fuel if the price is good