The Dangote Refinery has officially announced its petrol prices in response to claims from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) about cheaper fuel imports. IPMAN and PETROAN previously argued they could import petrol at lower rates than Dangote’s, sparking debates over pricing and product quality.
In a statement from Anthony Chiejina, Dangote’s Group Chief Branding and Communications Officer, the refinery clarified its pricing: N990 per liter for petrol sold to trucks and N960 per liter for ships. Chiejina emphasized that Dangote’s prices are competitive and align with international benchmarks. He suggested that any cheaper imports might involve substandard products, raising health and vehicle safety concerns.
Chiejina also noted that post-deregulation, the Nigerian National Petroleum Corporation (NNPC) had set its own benchmark, selling at N971 per liter for ships and N990 for trucks, which Dangote matched. He warned of practices by some international traders renting depots near the refinery to blend and market lower-quality products, potentially undermining Nigeria’s domestic refining efforts.
The refinery called for public support to safeguard Nigeria’s refining industry, asserting its commitment to providing affordable, high-quality fuel while resisting misinformation from groups aiming to favor imports over local production.
