Dangote Petroleum Refinery has revealed that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) requested a ₦75 increase per litre on petrol and diesel to cover logistics costs associated with coastal delivery, a move that could drive pump prices as high as ₦950 for petrol and ₦1,090 for diesel in certain parts of the country.
In a statement issued this week, the refinery disclosed that although its gantry prices are already accessible to all marketers, DAPPMAN has insisted on lifting products through coastal logistics, a method that significantly raises delivery costs. Based on Nigeria’s daily consumption of 40 million litres of Premium Motor Spirit (PMS) and 15 million litres of Automotive Gas Oil (AGO), the additional ₦75 per litre would translate into an extra annual burden of ₦1.505 trillion.
“We want to state clearly that we have no plans to increase our gantry price to meet such demands. Nor will we subsidise marketers by absorbing over ₦1.5 trillion in extra logistics costs, a practice reminiscent of past subsidy schemes that drained public funds,” the refinery said.
According to the statement, the refinery’s refusal to meet the marketers’ request is what triggered a wave of criticism and attacks against the company in recent weeks. Dangote Petroleum Refinery emphasized that it maintains a robust stockpile of 500 million litres of refined products in storage monthly, enough to meet domestic demand and support exports.
Between June and September 2025, the refinery reported exporting a total of 3,229,881 metric tonnes of PMS, diesel, and aviation fuel. In contrast, marketers imported 3,687,828 metric tonnes during the same period, a move the refinery describes as “economic dumping” that harms Nigeria’s economy and consumers.
The refinery also reiterated its support for President Bola Tinubu’s economic reform agenda, stating that its operations have contributed to stabilising the Naira, easing the transition away from fuel subsidies, boosting foreign exchange earnings, and generating employment.
“While we maintain strong relationships with key government agencies, we will continue to challenge practices and institutions that work against national interests. We remain committed to Nigeria’s progress and will collaborate with stakeholders who share a patriotic vision,” the statement added.
Referring to its earlier public statement on September 15 regarding the ongoing dispute, the refinery maintained its position and urged any aggrieved party to seek redress through legal means rather than resorting to ultimatums or threats.
“Dangote Petroleum Refinery stands firm and ready to defend its actions through all legitimate and lawful avenues,” the statement concluded.
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