Tuesday, April 14, 2026
  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
No Result
View All Result
Home Business

Dangote Refinery dares DAPPMAN to go to court over subsidy dispute

Salient Times Online by Salient Times Online
September 19, 2025
in Business
0
Dangote Refinery dares DAPPMAN to go to court over subsidy dispute
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Dangote Petroleum Refinery has said it is fully prepared to defend its position in court against the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), declaring that any party dissatisfied with its recent publication is entitled to pursue redress through the appropriate legal channels rather than resorting to ultimatums.

In a statement issued on Wednesday, the management of the refinery reaffirmed its stance on the subsidy row with petroleum marketers, insisting that it would not succumb to pressure from DAPPMAN, which recently threatened a seven-day notice over alleged grievances.

You might also like

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity

Sachet water producers suspend production in Imo over rising costs

Nigerian, UK businesses scale up investments as President Tinubu visits London

“We wish to emphasise that any party who feels aggrieved by the contents of the publication is entitled to seek redress through the appropriate legal channels, without recourse to any so-called seven-day notice. We are fully prepared to defend our position,” the refinery said.

At the heart of the dispute is DAPPMAN’s demand for an annual subsidy of N1.505 trillion, which the marketers argue is necessary for them to match Dangote’s gantry price at their depots.

Dangote, however, described the request as an attempt to revive a subsidy regime that historically drained the country’s finances and defrauded the Federal Government.

ADVERTISEMENT

According to the refinery, marketers are insisting on lifting products through coastal logistics, a process that would add N75 per litre in additional costs, N70 for freight, Nigerian Maritime Administration and Safety Agency (NIMASA) charges, Nigerian Ports Authority (NPA) fees and other levies, as well as N5 for vessel pumping.

Dangote said acceding to such demands would amount to subsidising marketers at a cost to the economy and consumers.

“DAPPMAN and other marketers are welcome to lift products directly from our gantry and benefit from our logistics-free initiative,” the refinery said, stressing that it had no intention of raising its gantry price or assuming responsibility for the subsidy burden.

Dangote further argued that it had both the capacity and stock to meet domestic demand while also supporting exports.

It disclosed that the refinery consistently maintains 500 million litres of refined products in its tanks monthly and exported 3.23 million metric tonnes of petrol, diesel and aviation fuel between June and September.

In contrast, marketers imported 3.68 million metric tonnes of the same products in the period, which the refinery described as “dumping detrimental to the Nigerian economy and citizens’ well-being.”

The company also reiterated its support for President Bola Tinubu’s reforms, citing efforts to stabilise the naira, cushion the removal of fuel subsidy, position Nigeria as a refining hub, and boost employment and foreign exchange earnings.

Dangote maintained that while it would continue to collaborate with government agencies in the interest of national development, it would not hesitate to challenge undue demands that could undermine the refinery’s operations or the economy at large.

Tags: Dangote refineryDAPPMAN
Previous Post

World Cup qualifiers: FIFA opens disciplinary proceedings against South Africa

Next Post

Ogun Seals Five Chinese Firms Over Alleged Assault On Govt Officials

Salient Times Online

Salient Times Online

Related Posts

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity
Business

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity

by Salient Times Online
March 19, 2026
Sachet water producers suspend production in Imo over rising costs
Business

Sachet water producers suspend production in Imo over rising costs

by Salient Times Online
March 19, 2026
Tinubu directs service chiefs to relocate to Maiduguri
Business

Nigerian, UK businesses scale up investments as President Tinubu visits London

by Salient Times Online
March 17, 2026
FG Won’t Surrender Aviation Sector to Foreign Interests — Keyamo
Business

FG Won’t Surrender Aviation Sector to Foreign Interests — Keyamo

by Salient Times Online
March 17, 2026
Nigerian artists generate N60bn on Spotify in 2025
Business

Nigerian artists generate N60bn on Spotify in 2025

by Salient Times Online
March 17, 2026
Next Post
Ogun Seals Five Chinese Firms Over Alleged Assault On Govt Officials

Ogun Seals Five Chinese Firms Over Alleged Assault On Govt Officials

ADVERTISEMENT
Salient Times Online

Salient Times Newspaper is a product of a dedicated Journalist and a public analyst.

Categories

  • Business
  • Celebrity Gist
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Features
  • Food
  • Gist
  • Health
  • ICT
  • International
  • Interview
  • Lifestyle
  • Metro
  • National
  • News
  • Obituary
  • Opinion
  • Politics
  • Religion
  • Sponsored
  • Sports
  • Travel
  • World

Recent News

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

March 31, 2026
The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry   

The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry  

March 30, 2026

© 2023 Salient Times Online. All Right Reserved

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Opinion
  • Culture
  • Entertainment
  • Lifestyle
  • About Us
  • Contact Us
  • Advertise With Us

© 2023 Salient Times Online. All Right Reserved