Dangote Refinery is allegedly running a secret petrol pricing scheme, according to Nigerian petroleum traders. Billy Gillis-Harris, the president of the Petroleum Products Retail Outlets Association of Nigeria (PETROAN), revealed this in an interview with Channels Television.
Gillis-Harris pushed Dangote Refinery’s management to be transparent, seek feedback from interested parties, and permit marketers to directly raise the price of its petrol, instead of continuing to operate in secrecy about fuel prices. Although NNPCL provided a pricing structure, he pointed out that it concealed Dangote Refinery’s contribution to the pricing.
Gillis-Harris advised Dangote to communicate openly, engage with stakeholders, and solicit insightful feedback from all parties because the company operates with Nigerians, retail store owners, and a variety of customers. According to him, Dangote Refinery is transparent about the price of its diesel but not its petrol.
He can provide you with information regarding their diesel costs, as they were informed about them; but, he is in the dark regarding the PMS.
The reason Dangote Refinery hasn’t disclosed its petrol pricing, according to economist Emmanuel Kelvin, is because the commodity hasn’t been completely deregulated.