Why DAPPMAN’s Outdated Business Model Crumble Against Dangote Refinery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 […]
Fuel price, Naira-for-crude: Dangote Refinery blackmailing Nigerian govt – Marketers, depot owners

Petroleum marketers and depot owners in Nigeria have accused Dangote Refinery of trying to pressure the government into continuing the Naira-for-crude sales deal. This comes at a time when there is uncertainty about the price of premium motor spirit (PMS), also known as petrol. The Nigerian government had planned a meeting on Monday to discuss […]
Dangote Refinery’s Diesel Price Faces Criticism from Local Petroleum Marketers

Petroleum marketers in Nigeria have raised concerns about the current diesel price offered by Dangote Refinery, which they claim is negatively affecting their businesses. The refinery, owned by Dangote Industries Limited, has lowered its diesel price from N1,200 to N900 per litre. While this may seem like a benefit to consumers, many local petroleum product […]