
18/09/2025
Dangote Petroleum Refinery has accused the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) of seeking an annual subsidy worth over ₦1.5 trillion in order to align their depot prices with the refinery’s gantry rates.
In a statement, the refinery alleged that DAPPMAN insisted on coastal lifting of petroleum products rather than taking delivery directly from its gantry, a choice which adds about ₦75 per litre in extra logistics costs. With daily national consumption estimated at 40 million litres of petrol and 15 million litres of diesel, Dangote calculated the additional cost at ₦1.505 trillion annually.
“Specifically, the marketers are demanding that we discount ₦70 per litre in coastal freight, NIMASA, NPA and other associated costs, as well as N5 per litre for vessel pumping charges, to allow them to transport products to their depots in Apapa,” the company said. “We have no intention of absorbing such costs or raising our gantry price to accommodate them. We will not reintroduce a subsidy regime that historically defrauded the Federal Government for years.”
The company argued that its refusal to bow to the demand explains the recent criticisms and ultimatums issued against it. It added that it consistently maintains at least 500 million litres of refined products in stock, enough to stabilise local supply while also exporting surplus volumes.
Between June and September, the refinery said it exported 3.2 million metric tonnes of petrol, diesel, and aviation fuel, while marketers imported 3.6 million tonnes over the same period — a practice it described as “dumping, detrimental to Nigeria’s economy and the welfare of its citizens.”
Dangote Petroleum Refinery reaffirmed support for President Bola Tinubu’s reform agenda, noting that its operations have helped stabilise the naira, cushion the removal of fuel subsidy, position Nigeria as a refining hub, and create jobs across multiple sectors.
“We maintain strong working relationships with government agencies and will continue to support their efforts, while holding institutions accountable where necessary,” the statement added.
The refinery further challenged DAPPMAN to seek legal redress if aggrieved by its earlier public statement, stressing that it would not be intimidated by threats or deadlines.
“Dangote Petroleum Refinery remains committed to Nigeria’s progress and is open to partnerships with patriotic and responsible stakeholders in pursuit of national development,” it said.