Koko Maxwella 
LAGOS, Nigeria – Dangote Petroleum Refinery has rejected calls for an annual ₦1.505 trillion subsidy from the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), describing the demand as unjustified.
In a statement Thursday, the company vowed it would not alter its gantry pricing or grant discounts. “Any aggrieved party may seek redress legally. We will not yield to a seven-day ultimatum,” the refinery said.
Dangote accused marketers of seeking ₦70/litre cuts in freight, NIMASA, NPA and other charges, plus ₦5/litre subsidies on pumping into vessels. “We have no intention of paying such a subsidy, which historically defrauded Nigeria for years,” it added.
The refinery pointed to its strength in supply, stating it holds 500 million litres of refined products monthly. From June to September, Dangote exported 3.2 million tonnes of refined fuel, while accusing marketers of importing 3.6 million tonnes in the same period – calling it economic “dumping.”
Reaffirming its commitment to President Bola Tinubu’s reforms, the company said: “Dangote Refinery remains dedicated to stabilising the Naira, supporting fuel subsidy removal, boosting forex earnings, and creating jobs.”
The management pledged cooperation with stakeholders but stressed it would not tolerate “pressure that undermines Nigeria’s refinery future.”
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