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Speaker 1: Dangote Industry is Limited, funded and managed by Aliquor. Dangote

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has refuted a media report that its product is currently

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in circulation in system. The Nigerian National Petroleum Company NNPC

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Limited is yet to start lifting its products for onloard

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distribution and cells a liquor. Dangote, who volve the Patron

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product during the week, said the new form of PMS

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DOT would soon be distributed from his company will make

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vehicle agents last longer and work better because the Petron

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product that looks transparent and colorless, contains less than ten

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parts per million ppm of sulfur. Antonichi Agena, the Dangotet

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Group Chafe Branding and Communications Officer, in a new statement

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made available on Thursday, the company is yet to finalize

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contract agreement with n NPC Limited and as such, the

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regulatory company has not started lifting its products. Our attention

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has been drawn to a heavy line NNPC lifts. Dangote

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petrol sells at eight hundred and ninety seven MirOS per litter.

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Published in the Business They newspapers of the fourth of

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September twenty twenty four. We would like to state that

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NNPC has not commenced lifted or refined Premium motor Spirit

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PMS commonly known as petrol from our Dangote Petroleum refinery. Therefore,

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the issue of fixing the price of petrom lifted from

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our refinery does not arise as we are yet to

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finalize our contract with NNPC. The PMS market is strictly

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regulated which is known to all oil marketers and stackholders

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in the settle. Hence, we cannot determine, fix or influence

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the product price, which falls under the purview of relevant

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government authorities. We urge the public to disregard the headline

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as it is misleading and does not represent the true

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position in this matter. We are guaranteed Nigerians of exceptionally

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high quality petroleum products that will be readily available all

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over the country, Dangote Companies, stated president of the Dangote Group,

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a liquor. Dangote earlier on in the week explained why

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the first sample of premium motor spirit commonly known as

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patrol from his refinery appears clearer or transparent than the

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patrol currently in use in Nigeria. Speaking on Tuesday at

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his refinery in the Ivaju leky area of Lego State,

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Dangote highlighted that the Clara patrol is more environmentally friendly

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and could help reduce health issues associated with polluted petroleum products.

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Those present included the Vice President Oil and Gas Dangote

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in the Streets Limited, de Malcomer, Edwin, President and Chief

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Executive Dangote in the Streets Limited, a Liquor Dangote Group,

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Executive Director Commercial Operations, Dangote Industry Is Limited, Fatima Aliko Dangote.

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During the valid of the first output of the Premium

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Motor Spirit PMS product petrol from the Dangote Petroleum Refinery

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Leaky Legos on Tuesday, September twenty twenty four, the President

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Dangote stated that the new patrol would also protect engines

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from damage caused by the unclear petrol typically found in

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the market. This is the sample of the patrol. You

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say it as a different color, but that is the

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real deal. You are now going to have a good

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and genuine product, he said. Adain regarding the color of

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the diesel, I am sure Nigerians have not seen this

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color of diesel before. This is called Euro five diesel.

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It contains less than ten parts per million ppm of sulfur.

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This will help vehicles engines and generator last longer, the

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health of the people and the environment will not be compromised.

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This is the real deal. Prior to this presentation, the

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management of Dangote Group stated that international oil companies insisted

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on selling crude all to their refinery through foreign agents.

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They argued that local crude prices would continue to rise

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because traded funds were offering cargos are two dollars to

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four dollars per barrel above the official price served by

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the Nigerian Upstream Petroleum Regulatory Commission. The group also alleged

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that foreign oil producers appeared to prioritize selling the crude

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all extracted in Nigeria to Asian countries. In August, Punt

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Newspaper had reported that Dangote Refinery was in dispute with

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the Nigerian Upstring Petroleum Regulatory Commission over an alleged supply

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of twenty nine million barrels of crude all to the refinery.

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The Dangote Group accused the n UPOC of not effectively

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enform and the domestic crude supply obligations regulations, claiming that

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the refinery had not received an adequate amount of locally

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sourced crude oil. In response, the annual PRC denied these allegations,

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stating that it had facilitated the delivery of over twenty

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nine million barrels of crude oil to Dangote from January

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to June twenty twenty four. Commented on the new patrol

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product by Dangote, the former President of Performing Musicians Association

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of Nigeria PMAM, Charles Chuco Emeerga or Kuta akh Charliboy

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said the Dangote refinery used more appropriate material to produce

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the patrol, hence the product is wide. According to him,

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in a twit on Thursday, Charlie Boy said, reason why

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the PMS is peeled like water. Petrol has different colors.

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When it’s red, that means octen was added. When it’s

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slightly grim, then octen is slightly very much it’s yellow,

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it means it has no need in it. That means

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it’s on leaded. But when it’s clear as water, as

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say in the video, that you should know that ethanol

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was used. What etnogous is that it improves engine efficiency

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and power Because ethanol has a good amount of oxygen.

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It lessens the amount of carbonation in engines that by

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reducing air pollution which comes as carbon dioxide. So this

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is the best form of patrol. Congratulations, Dangote.

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Speaker 2: Gasoline is the pms. You can see the diesel, you know,

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because I’m sure most dungenes that I’ve never ever seen

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this color of diesel. But this is what you call

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Euro five diesel is less than ten ppm and you know,

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I mean that is sulfur vice. Okay, So this is

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what to really help actually to help the engines, vehicles,

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you know, you name it, you know, generators, they will

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last much much longer, the health of people to the

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environment will not be polluted. This is the real thing.

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Euro five diesel for the first time in the history

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of Nigeria. Of course, there is going to be availability

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if that’s one thing is guaranteed. But the bigger question

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is around pricing. What modality is around that? No, Well,

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on the pricing, I can’t say anything because we don’t

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control the pricing. The pricing at the moment is controlled

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by NNPC not don’t got it. So we will wait

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for them, you know, to do that. But our own

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for now is to make sure that products are available.

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And also around tripping is stopped. People are just taking

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taking dollars out, not bringing products, or most of the

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shenanigans will stop. That is what I can guarantee, So

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we await the nnpc’s agreement.

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Speaker 1: True.

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Speaker 2: Yeah, they are the ones that will you know, sell

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to the market and also distribute under the current arrangement

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for neara NERA, but we don’t have any indication as

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to when that will be. We are ready on our part,

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we’re waiting for NMPC to be ready on their part.

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Once they are ready, will rolls

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Speaker 1: One ready bringing you bring me in a mortgagesal ware