Dangote Petroleum Refinery has rejected an appeal by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) to raise petrol and diesel prices by ₦75 per litre.
The marketers argued that the extra charge is needed so they can sell from their depots at higher rates instead of sourcing directly from Dangote’s gantry.
According to Dangote, agreeing to the increase would push petrol to about ₦950 per litre and diesel to roughly ₦1,090 per litre in some parts of Nigeria.
The refinery noted the proposed extra ₦75, which marketers say reflects coastal logistics costs, would translate to over ₦1.5 trillion annually for the government, based on daily average consumption of 40 million litres of petrol and 15 million litres of diesel.
Dangote emphasised it has no intention of raising its gantry price or paying what it termed a “subsidy” of ₦1.5 trillion—a practice it says has historically defrauded the Federal Government.
It invited marketers to lift products directly from its gantry, benefiting from a “logistics-free initiative” offered by the refinery.
The refinery said its direct gantry sales system is designed to reduce costs for consumers and warned that any added charges will worsen fuel pump price inflation across the country.
Dangote’s stance highlights tension between marketers seeking relief for their margins and efforts to shield consumers from higher fuel cost burdens.
“We have no intention of increasing our gantry price to accommodate such demands, nor are we willing to pay a subsidy of over ₦1.5 trillion—a practice that historically defrauded the Federal Government for many years.
“DAPPMAN and other marketers are welcome to lift products directly from our gantry and benefit from our logistics-free initiative,” the statement read in parts.
