Aliko Dangote, Chairman of Dangote Industries Limited, says the price of petrol from his refinery will be determined by the federal executive council, FEC.
Responding to questions of price at a press conference on Tuesday, the billionaire also said the quality of the petrol from the plant can compete with products from the best refineries across the world.
His response follows the official announcement of the commencement of petrol production by his refinery.
He added that his refinery is ready to commence supply once the price of the product, PMS, has been determined by the FEC.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said the refinery is expected to supply 25 million litres of petrol daily in September, and will increase that number to 30 million litres daily from October.
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The 650,000 bpd capacity refinery began operations in January with the production of diesel and aviation fuel.
