• 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
0
SHARES

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

ABDUL RABIU BUA PS L scaled
Business

‘Pay my money!’ Fmr employee calls out BUA as Rabiu loses N12.47bn (Photos)

by Freelanews
February 15, 2022
WhatsApp Image 2024 05 29 at 13.13.39
Business

Transnational Corporation (TRANSCORP) holds successful 18th annual general meeting

by Oreoluwa Ojelabi
May 29, 2024
report bitcoin set for its biggest breakout yet
Business

‘Systematic risk’ Bitcoin breaches $17,500 dollars in risk-on market

by Rtn. Victor Ojelabi
November 18, 2020
adron homes 1 jpeg
Business

Adron Homes empowers women, advocates for gender equality on International Women’s Day 2024

by Quadri Olaitan
March 11, 2024
FG begins duty-free import of food items
Sustainability

FG begins duty-free import of food items

by Quadri Olaitan
August 15, 2024

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

Bank

Bank customers lose N134.48bn to fraud in six years

June 19, 2026
Trump

Trump to revoke citizenship of 250 naturalised Americans

June 19, 2026
Oil

Oil slumps to lowest since US-Iran conflict

June 19, 2026
Ogun

Ogun bans school graduation parties to curb extortion

June 19, 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
Bank

Bank customers lose N134.48bn to fraud in six years

June 19, 2026
Trump

Trump to revoke citizenship of 250 naturalised Americans

June 19, 2026
Oil

Oil slumps to lowest since US-Iran conflict

June 19, 2026
Ogun

Ogun bans school graduation parties to curb extortion

June 19, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
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

  • Awujale

    Five princes nominated for Awujale of Ijebuland throne

    0 shares
    Share 0 Tweet 0
  • Court affirms Adenike Ajayi as sole widow in high-profile First Foundation estate battle

    0 shares
    Share 0 Tweet 0
  • Ogun Police arrest 30 suspected cultists during initiation ceremony in Isara-Remo

    0 shares
    Share 0 Tweet 0
  • Portable boldly smokes as police officers escort him

    0 shares
    Share 0 Tweet 0

Just Published!

Bank

Bank customers lose N134.48bn to fraud in six years

June 19, 2026
Trump

Trump to revoke citizenship of 250 naturalised Americans

June 19, 2026
Oil

Oil slumps to lowest since US-Iran conflict

June 19, 2026
Ogun

Ogun bans school graduation parties to curb extortion

June 19, 2026
Tinubu

Tinubu deducts N500bn from FAAC for urgent security fund

June 19, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • 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.