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DAPPMAN: Dangote Refinery Accuses Marketers of Demanding N75/Litre Price Hike, Dares Them to Go to Court

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Dangote Petroleum Refinery has alleged that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) requested a N75 per litre increase in petrol and diesel prices to align with depot costs, a move that would push pump prices to N950 and N1,090, respectively.…Read ..Full.. Article.. .

DAPPMAN sought a N75/litre price increase to offset coastal logistics costs, amounting to ₦1.5 trillion annually.

Dangote rejected the request, labeling it a subsidy burden that would ultimately be passed to Nigerians.

The refinery accused marketers of importing 3.69 million metric tonnes of fuel despite local capacity, calling it “dumping, and..  Read . .More

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