Motor Spirit(Petrol), Aliko Dangote has said the price of his Refinery Premium
Motor Spirit (Petrol) will be determined by the Federal Executive Council
headed by President Bola Ahmed Tinubu.
The African richest man disclosed this in an interview with
Channels Television after he announced the rollout of Petrol from his 650,000
barrels per day on Tuesday.
This is as Dangote noted that the refinery Petrol will be
available in filling stations in 48 hours depending on the Nigerian National
Petroleum Company Limited.
He added that the $20 billion refinery will soon finalize
talks with NNPCL to get the product across to Nigerians.
He stressed that the price of the product will be arranged
and decided by FEC.
“On PMS price, it is an arrangement that is designed and
approved by the Federal Executive Council led by His Excellency, President Bola
Ahmed Tinubu. As soon as it is finalized, which is what he is pushing once he
finishes with FEC meeting, it can be today or Tomorrow we are ready to roll out
in the market”, he said.
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