Dangote Petroleum Refinery has accused the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) of demanding an annual subsidy of about N1.505 trillion in order to enable its members to match the refinery’s gantry prices at their depots.
In a statement made available to ITREALMS, the refinery alleged that while it offers petroleum products directly to marketers at its gantry, DAPPMAN insists on taking delivery via coastal logistics—an arrangement that would add an extra N75 per litre in costs.
