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Dangote Petroleum Refinery has accused the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) of pushing for an annual subsidy of over ₦1.5 trillion in order to align their depot prices with the refinery’s gantry rates. Read Our Last Post: Four Senior FIRS Staff Die in Afriland Tower Fire; UBA Says No Casualties Among Its Staff or Customers
In a statement issued this week, the refinery alleged that DAPPMAN insisted on lifting petroleum products through coastal vessels instead of taking direct delivery from its gantry. According to Dangote, this choice 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, the refinery calculated that the extra charges amount to ₦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 ₦5 per litre for vessel pumping charges, to allow them to transport products to their depots in Apapa,” the statement read. “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 maintains a stock of at least 500 million litres of refined products, enough to stabilise local supply while also exporting surplus volumes.
Between June and September 2025, Dangote Refinery said it exported 3.2 million metric tonnes of petrol, diesel, and aviation fuel, while marketers imported 3.6 million tonnes within the same period — a practice it described as “dumping, detrimental to Nigeria’s economy and the welfare of its citizens.”
The 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 company stated.
“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 added.
