Adedokun Waliyu 
Aliko Dangote, Nigerian top businessman, has disclosed that the retail price of the petroleum products from his refinery in Lagos State will be determined by the Nigerian government under the leadership of President Bola Tinubu.
Dangote made this known while unveiling his product on Tuesday, assuring that his refinery would end the fuel scarcity in the country.
Speaking on the retail prices, Dangote stated, “It is an arrangement which is designed and approved by the Federal Executive Council led by President Bola Tinubu.
“As soon as it is finalised, which he (Tinubu) is pushing, once we finish with NNPC, it can be today, it can be tomorrow, we are ready to roll into the market.”
Meanwhile, it was earlier reported that filling stations owned by the Nigerian National Petroleum Company Limited (NNPC) had hiked the fuel price to over N850 per litre in the country.
The move by the filling stations was in compliance with a directive given by the NNPC management compelling an immediate increment of fuel official price from N568 to N855.
Ilorin, Kwara State had showed that the filling stations on Tuesday morning complied with the directive on the increment.
An NNPC station located at Adewole Area of Ilorin, the state capital is currently selling fuel at N877 per litre.
A picture of an NNPC station in Lagos indicated total compliance with the directive as the new price is pegged at N855 in the state.
