• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Dangote petrol price cut sparks DAPPMAN backlash

Quadri Olaitan by Quadri Olaitan
September 13, 2025
in Business
0 0
0
Dangote

Dangote Petrol Price Cut sparks DAPPMAN backlash as marketers allege anti-competitive tactics and unfair treatment of local buyers

The refinery announced that from Monday petrol would fall from ₦865 to ₦841 per litre in Lagos and the South West, and to ₦851 in Abuja, Edo and Kwara. It also unveiled a direct fuel distribution scheme.

Also read: Dangote Refinery NUPENG dispute escalates over $18bn question

But in a statement on Saturday, DAPPMAN’s Executive Secretary, Olufemi Adewole, said the refinery’s repeated cuts were not acts of patriotism but carefully timed moves that caused price shocks and strained competitors.

“Claims that repeated fuel price reductions by the Dangote Refinery are patriotic gestures ignore their timing and market impact,” Adewole argued.

“These reductions were often strategically timed when other importers had active cargoes at sea or in tanks, undermining competition and imposing financial strain.”

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Adewole further alleged that the refinery offered lower prices to international buyers while quoting higher rates to domestic customers contradicting public claims of prioritising Nigerians.

The association also expressed concern over Dangote’s dispute with the Nigerian Union of Petroleum and Natural Gas Workers, warning that escalating tensions could damage the downstream sector and ordinary Nigerians.

DAPPMAN dismissed suggestions that the stability of Nigeria’s fuel supply rested solely on Dangote. Adewole noted the refinery currently supplies only 30–35 per cent of national demand, while the remainder is met by long-standing marketers operating under strict regulation.

“For decades, our members have ensured uninterrupted fuel access, investing in depots, fleets, retail networks and logistics even during forex shortages, subsidy shifts, and insecurity. These contributions deserve recognition, not erasure,” the statement said.

Rejecting claims that marketers import substandard products, DAPPMAN stressed that all imports undergo regulator-accredited laboratory testing in line with national and global standards.

Also read: Dangote Refinery launches free fuel distribution on Monday

The standoff underscores the growing friction between Nigeria’s largest private refinery and established fuel marketers, raising questions about competition, regulation, and the future of the country’s downstream oil sector.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

fidelity bank md mrs nneka onyeali ikpe (1)
Business

Court vacates order sentencing Fidelity MD, secretary to six week in prison

by Quadri Olaitan
February 22, 2023
Screenshot 2022 03 11 at 12 26 21 Seye Kosoko 1 png WEBP Image 766 %C3%97 478
Business

‘First sign of crack’ Why FBN Holdings axed coy’s secretary, Seye Kosoko

by Freelanews
March 11, 2022
removal of fuel subsidies in Nigeria
Business

Removal of fuel subsidies in Nigeria reduces cross-border smuggling: NNPC GCEO

by Quadri Olaitan
October 14, 2024
Ajaokuta Steel revival Nigeria
Business

Ajaokuta Steel revival takes shape as Nigeria partners with Chinese industrial giants

by Oreoluwa Ojelabi
June 14, 2025
Emirates
Business

Emirates resumes Lagos flights amid Middle East tensions

by Quadri Olaitan
March 7, 2026

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Ondo police

Ondo police arrest 4 officers over ethnic remarks

July 24, 2026
Enugu

Mbah assures passengers of Enugu Air safety after incident

July 24, 2026
NBA

NBA Port Harcourt election halted amid voters’ register crisis

July 24, 2026
Married man

Married man, 28, arrested in Umuahia after leaking ex’s nudes to her suitor

July 24, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Ondo police

Ondo police arrest 4 officers over ethnic remarks

July 24, 2026
Enugu

Mbah assures passengers of Enugu Air safety after incident

July 24, 2026
NBA

NBA Port Harcourt election halted amid voters’ register crisis

July 24, 2026
Married man

Married man, 28, arrested in Umuahia after leaking ex’s nudes to her suitor

July 24, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Edo

    Edo newlyweds reportedly split two days after wedding over food dispute(VIDEO)

    0 shares
    Share 0 Tweet 0
  • 75 senators endorse Ijebu-Remo state creation proposal

    0 shares
    Share 0 Tweet 0
  • Lagos Assembly suspends confirmation of two Sanwo-Olu LGSC nominees

    0 shares
    Share 0 Tweet 0
  • Rotary Club of Eko Atlantic upgrades Ilasa Primary Health Centre in major community boost (Photos)

    0 shares
    Share 0 Tweet 0

Just Published!

Ondo police

Ondo police arrest 4 officers over ethnic remarks

July 24, 2026
Enugu

Mbah assures passengers of Enugu Air safety after incident

July 24, 2026
NBA

NBA Port Harcourt election halted amid voters’ register crisis

July 24, 2026
Married man

Married man, 28, arrested in Umuahia after leaking ex’s nudes to her suitor

July 24, 2026
Koko seller

Video of Nigerian Koko seller spraying insecticide on food goes viral

July 24, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.