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The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has decry the allegations made by Dangote Refinery that the oil marketers are importing substandard petroleum products at a lower into Nigeria.

The refinery’s claims, made public on Sunday, implied that importers working with international traders are offloading low-quality fuel to cut costs and undercut the refinery’s prices.

In a statement released on Monday by the Executive Secretary of DAPPMAN, Olufemi Adewole, defended the association’s practices, which prioritize quality and compliance with national standards.

The Executive Secretary of DAPPMAN denied any collaboration with traders to compromise fuel quality for profit, asserting that the association upholds the trust of Nigerian consumers.

“We’ve said this for the umpteenth time, and it bears repeating—those in the downstream sector of petroleum products trade are patriotic Nigerians who will not shortchange Nigerian citizens for filthy lucre,” Adewole stated.

Adewole explained the fluctuating nature of international oil prices, which he said directly affects the landing costs of imported fuel.

He argued that any cost difference between imports and local production should not be seen as an indicator of quality but rather a result of international market dynamics.

 

“To claim that if the landing cost of imported product happens to be lower than that of the refinery indicates importation of low-quality product is not only preposterous but also fallacious,” he added.

DAPPMAN further called out the Dangote Refinery for a lack of transparency, noting that the refinery has not publicly disc

“On all these developments in the industry, the position of our members is very clear: we’ve always played by the rules, and we’ll continue to play by the rules.

 

 

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