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Dangote Refinery Faces Allegations of Unfair Pricing Practices Amid Fuel Marketers Dispute

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Dangote Refinery Faces Allegations of Unfair Pricing Practices Amid Fuel Marketers Dispute

Dangote Refinery is embroiled in a dispute with fuel marketers over allegations of offering lower prices to foreign buyers, causing financial strain on local marketers. The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) accused the refinery of undercutting local prices while selling at a higher rate to international buyers.

In response, Dangote Group refuted the claims, attributing fuel shortages and importation of substandard petrol to the marketers' actions. The conflict has escalated, with DAPPMAN urging members not to register with Dangote Refinery for direct fuel supply.

The accusations and counter-accusations highlight the challenges within Nigeria's petroleum industry, reflecting broader issues of pricing, supply chain dynamics, and market competition.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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