Otedola: How Oil Marketers Used Depot Licences To Siphon N2trn Under Jonathan
Billionaire businessman Femi Otedola has revealed that over N2 trillion was stolen through fake petrol subsidy claims during former President Goodluck Jonathan’s government. According to him, depot licences were the main tool used for this massive corruption. Otedola, in his statement, also supported the Dangote Petroleum Refinery in its ongoing clash with the Depot and Petroleum Products Marketers Association of […]
Why DAPPMAN’s Outdated Business Model Crumble Against Dangote Refinery
The entry of the Dangote Refinery into Nigeria’s oil and gas sector has changed the game, leaving many players, especially the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), struggling to keep up. For years, DAPPMAN’s members thrived on importation and distribution of refined petroleum products. But with Dangote’s refinery now producing locally, that […]