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Dangote Refinery rejects DAPPMAN’s demand to raise petrol and diesel prices by ₦75 per litre.
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Refuses to absorb ₦1.5 trillion hidden subsidy request linked to coastal logistics.
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Warns marketers against threats, dares them to seek redress in court.
The Dangote Petroleum Refinery has accused the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) of pressuring it to hike petrol and diesel prices by ₦75 per litre.
According to the refinery, DAPPMAN insisted on coastal logistics for lifting products, a process that would force Nigerians to pay as high as ₦950 for petrol and ₦1,090 for diesel in some states.
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Dangote said the demand translates to ₦1.5 trillion in extra yearly costs, which it described as a thinly veiled attempt to return Nigeria to subsidy-era fraud.
READ ALSO: Court Bars NUPENG, Truck Drivers from Disrupting Dangote Refinery Operations
“We have no intention of paying a ₦1.5 trillion subsidy to accommodate marketers’ demands. They are free to lift directly at our gantry at the official price,” the refinery declared.
The company alleged that resistance to this demand is the reason behind recent coordinated attacks against its operations.
Between June and September, Dangote Refinery exported 3.2 million metric tonnes of fuel products, while marketers simultaneously imported 3.6 million metric tonnes, an action it condemned as economic sabotage.
The refinery maintained that it holds 500 million litres of monthly stock, enough to meet local demand and support exports.
“We will not bow to seven-day ultimatums or threats. If anyone feels aggrieved, let them go to court,” it warned.
READ ALSO: Court Bars NUPENG, Truck Drivers from Disrupting Dangote Refinery Operations
Dangote reaffirmed support for President Bola Tinubu’s reforms, stating that its refinery has already helped stabilise the naira, create jobs, and position Nigeria as Africa’s refining hub.
The refinery added:“We are committed to Nigeria’s progress, but we will defend ourselves against any blackmail or attempts to drag us back into subsidy fraud.”
