• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy 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

Related Posts

NCC
Business

NCC ranks second in 2025 MDA website performance

by Peculiar Adirika
December 24, 2025
untitled 1
Business

Three African billionaires reveals three easy but effective money rules

by Rtn. Victor Ojelabi
January 30, 2023
value
Business

Nationwide initiative allows consumers to assess brands and public services on real value

by Mariam Balogun
April 17, 2026
phoebe dami asolo 1
Movements

‘An incredible opportunity’ Dami-Asolo becomes first African female to head Coca Cola India

by Freelanews
July 19, 2022
polaris bank
Acquisitions

‘Sold!’ Strategic Capital Investment acquires 100% equity in Polaris Bank

by Quadri Olaitan
October 21, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 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
Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 2026
May 2026
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr    
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

  • Cindy Oshodi

    TikToker Cindy Oshodi faces backlash over leaked clip

    0 shares
    Share 0 Tweet 0
  • Wale Adedayo and LG fund controversy that tests Dapo Abiodun’s fitness for Ogun East senate

    0 shares
    Share 0 Tweet 0
  • Man allegedly murders 16-year-old girl, dumps body in Ogun river after ransom payment

    0 shares
    Share 0 Tweet 0
  • Yayi, man up, man!

    0 shares
    Share 0 Tweet 0

Just Published!

Awujale

Dapo Abiodun takes hit as FG withdraws use of honorary ‘Dr’ in official titles

May 6, 2026
APC

APC NWC grants Tinubu screening waiver ahead of primaries

May 6, 2026
Police

Police bust major N713.9m bank fraud syndicate, arrest two

May 6, 2026
Arteta

Arsenal plan positive new contract for Arteta

May 6, 2026
Pasuma

Fuji legend Wasiu Alabi Pasuma welcomes grandson

May 6, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 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.