
The Digest:
The Depot and Petroleum Products Marketers Association of Nigeria has urged Dangote Refinery to ensure affordable pricing and wider distribution access to stabilize the national fuel supply. DAPPMAN’s spokesperson, Ikem Ohia, emphasized that marketers seek a transparent partnership, not subsidies, to utilize existing depot networks and eliminate fuel queues across Nigeria.
Key Points:
- DAPPMAN calls for reasonable petroleum product prices from Dangote Refinery.
- Spokesperson Ikem Ohia emphasized the need for a consistent supply without stock-outs.
- Marketers want to use their existing depots in Lagos, Warri, Port Harcourt, and Calabar.
- Ohia clarified that marketers are not seeking subsidies but fair bulk purchase terms.
- The association argues that relying only on retail gantry sales cannot meet national demand.
- Dangote Refinery has invested in 4,000 CNG trucks for direct distribution.
- The refinery denies subsidy claims, stating products are sold at cost-regulated rates.
Sources: Channels TV, Punch Newspaper