• 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
thenacre-campaign

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-social-1

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.

adron lemon friday

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

1000117437 scaled
Business

US prosecutors charge crypto firm, KuCoin, for ‘flouting anti-laundering rules’

by Rtn. Victor Ojelabi
March 27, 2024
Access Bank sustainable finance in Africa
Sustainability

Access Bank champions Africa’s Net-Zero future at Nigeria climate change forum

by Quadri Olaitan
February 5, 2025
4f75a28f ahmed bello umar
Appointments

Ahmed Bello Umar appointed new CBN’s Currency Operations Director

by Freelanews
December 6, 2019
Screenshot 2021 08 18 at 05 35 10 Abubakar Suleiman Biography Of The MD CEO Of Sterling Bank Plc
Business

‘Valentine for a lifetime’ Sterling showers Nigerian youths with top performing equities

by Freelanews
February 14, 2022
WhatsApp Image 2021 12 31 at 12.33.28 PM scaled
Business

‘Equity stake’ FMDQ Group expected to pay N20 billion to acquire 21.6 percent stake in CSCS

by Rtn. Victor Ojelabi
December 31, 2021

Leave a Reply Cancel reply

Your email address will not be published.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

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 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
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
Australia

Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

April 24, 2026
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
A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 2026
ADVERTISEMENT
November 2026
S M T W T F S
1234567
891011121314
15161718192021
22232425262728
2930  
« Oct    
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

  • Australia

    Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Mohbad was killed because he demanded DNA, father alleges

    0 shares
    Share 0 Tweet 0

Just Published!

A beneficiary undergoes the presentation, fitting and demonstration of an artificial upper-limb prosthesis donated by PDG Shab Elawar and his wife during the ongoing West Africa Project Fair 2026 in Lagos.

Rotary restores hope as PDG Shab Elawar, wife donate artificial limbs to beneficiaries at West Africa Project Fair

November 11, 2026
images 2026 11 11T174525.442

Abiodun allocates 49 duplexes to Ogun judges

November 11, 2026
images 2026 11 11T173213.722

SDP names Tanko campaign chief in key 2027 move

November 11, 2026
FB IMG 1763554541006 1024x576 1

Nigeria targets automotive growth at Abuja motor fair

November 11, 2026
Rotary president Babalola, WAPF

Rotary president Babalola meets WAPF delegates

November 11, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 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

© 2026 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.