The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on Dangote Petroleum Refinery to adopt pricing and operational practices that promote fairness, stability, and collaboration in the downstream oil sector.
DAPPMAN’s Executive Secretary, Mr. Olufemi Adewole, made the appeal in a statement on Saturday in Lagos.
This comes as Dangote Refinery announced that it would commence the direct supply of Premium Motor Spirit (PMS), also known as petrol, to filling stations nationwide from Monday, September 15. The refinery pegged its new gantry price at ₦820 per litre, while retail pump prices will differ across states.
- Lagos, Ogun, Oyo, Ondo, Osun, and Ekiti will retail at ₦841 per litre.
- Abuja, Delta, Rivers, Edo, and Kwara will sell at ₦851 per litre.
Adewole cautioned that sudden price adjustments could trigger market shocks and disrupt investments. He stressed the need for consistency to protect marketers, importers, and consumers.
“While competitive pricing is healthy, unexpected cuts at sensitive times often create uncertainty for marketers who already have products in storage or in transit,” he said.
He further urged the refinery to adopt transparent and uniform pricing that does not put local operators at a disadvantage, adding that parity between local and international buyers would demonstrate Dangote’s commitment to Nigerian consumers.
On product quality concerns, Adewole reaffirmed that DAPPMAN members strictly adhere to standards set by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), with all imports tested in accredited laboratories.
To reduce costs and enhance efficiency, he advised Dangote Refinery to review its product delivery arrangements by offering marketers more flexible logistics options.
Adewole emphasized that the sector thrives on cooperation rather than unhealthy competition, calling for dialogue, transparency, and balanced communication among refiners, depot operators, marketers, transporters, and regulators.
“Our industry thrives on cooperation, not competition that breeds division. For energy security, we must prioritise dialogue, transparency and balanced communication,” he said.
He reiterated DAPPMAN’s commitment to fair competition, regulatory compliance, and partnerships that will strengthen investor confidence and ensure long-term growth in Nigeria’s downstream oil sector.