Dangote Petroleum Refinery has declined a demand from oil marketers for a N1.505 trillion subsidy tied to coastal delivery costs, defended its gantry pricing, and invited marketers to take legal action.
Dangote Petroleum Refinery has accused the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) of requesting an annual subsidy of N1.505 trillion to match the refinery’s gantry fuel prices at their depots. According to Dangote, marketers are insisting on delivery via coastal logistics, which would add N75 per litre due to associated freight, port, and pumping costs.
Despite these claims, the refinery says it “has no intention of increasing our gantry price” or absorbing the subsidy, which it characterises as a practice that “historically defrauded the Federal Government for many years.” The company urged marketers to lift products directly from its gantry and benefit from what it describes as “our logistics-free initiative.”
DAPPMAN, whose members include Matrix, AA Rano, AYM Shafa, and NIPCO, dismissed allegations that it was sponsoring a planned strike by the National Union of Petroleum and Natural Gas Workers (NUPENG), while demanding Dangote either provide evidence or retract its claims within seven days. Meanwhile, Dangote insists it is prepared to defend its position in court, will not bow to ultimatums, and reaffirms its capability to meet domestic fuel needs, maintain export volumes, and support national economic goals.