Dangote Refinery Says It Won’t Absorb Extra N1.5trn Costs Demanded By DAPPMAN

Dangote Petroleum Refinery has restated its presumption successful the ongoing quality with the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), saying the group’s request of an yearly subsidy of ₦1.505 trillion to screen further costs linked to coastal logistics was untenable.

In a connection signed by its absorption and made disposable to journalists connected Wednesday, September 17, 2025, the institution said it stands by its earlier sponsored work successful respective nationalist newspapers connected September 15, contempt DAPPMAN’s threats of a seven-day ultimatum.

“Dangote Petroleum Refinery stands by its connection connected the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), published connected Monday, September 15,” the connection read.

“We privation to emphasise that immoderate enactment who feels aggrieved by the contents of the work is entitled to question redress done the due ineligible channels, without recourse to immoderate alleged seven-day notice. We are afloat prepared to support our position,” the refinery said.

The refinery alleged that DAPPMAN’s “sustained attacks” stemmed from its insistence that Dangote should discount coastal freight and different associated charges amounting to ₦75 per litre, truthful that marketers tin lucifer its gantry prices astatine their depots successful Apapa.

According to Dangote, the marketers were efficaciously asking it to sorb ₦70 per litre successful coastal freight, NIMASA and NPA charges, positive an further ₦5 per litre for vas pumping costs.

“Based connected projected regular depletion volumes of 40 cardinal litres of Premium Motor Spirit (PMS) and 15 cardinal litres of Automotive Gas Oil (AGO), this amounts to an further yearly outgo of ₦1.505 trillion, which they are efficaciously asking america to sorb and walk it connected to consumers,” the connection read.

Dangote maintained that it has nary volition of raising its gantry prices oregon paying what it described arsenic a subsidy that mirrors past practices which defrauded the national government.

“DAPPMAN and different marketers are invited to assistance products straight from our gantry and payment from our logistics-free initiative,” the institution said.

The refinery besides faulted the continued importation of petroleum products by marketers, describing it arsenic “dumping” that undermines the section economy. Between June and September 2025, Dangote said it exported 3,229,881 metric tonnes of refined products portion marketers imported 3,687,828 metric tonnes wrong the aforesaid period.

On capacity, the institution stressed that it consistently maintains a closing banal of 500 cardinal litres of refined products successful its tanks each period and is susceptible of gathering some home request and export needs.

Dangote Petroleum Refinery reaffirmed its committedness to the economical reforms of President Bola Tinubu, saying it would proceed to enactment efforts aimed astatine stabilising the naira, cushioning the interaction of substance subsidy removal, and positioning Nigeria arsenic a refining hub.

“We bask beardown moving relationships with authorities agencies and stay committed to supporting their efforts, portion not hesitating to clasp institutions accountable wherever necessary,” the connection added.

The absorption further pledged that the refinery would stay unfastened to partnerships with what it called “patriotic and liable stakeholders successful pursuit of nationalist development.”