Oil Marketers Push Back Otedola’s Call to Scrap Depots
Oil marketers have rejected Femi Otedola’s call to restructure and scrap depots, saying billions invested cannot simply be written off amid the Dangote refinery shakeup....
DAPPMAN
Restructure, Buy Port Harcourt Refinery, Otedola Tells DAPPMAN Amid Brawl With Dangote
Billionaire Femi Otedola has urged depot owners to restructure or risk irrelevance as Dangote’s refinery reshapes Nigeria’s downstream oil sector. His comments sparked backlash from oil marketers....
Dangote DAPPMAN subsidy dispute deepens as refinery dares marketers to go to court
Dangote Refinery has challenged petroleum marketers to seek legal redress over subsidy demands, rejecting calls for a ₦1.5trn intervention to balance fuel prices....
Dangote Refinery Faces Backlash over Pricing, Monopoly Concerns from Marketers
Tensions are rising in Nigeria’s downstream oil sector as independent marketers and stakeholders accuse the Dangote Refinery of restrictive pricing, port cost challenges, and monopolistic practices. Despite being Africa’s largest refinery, marketers say it’s currently cheaper to import from Lomé than load domestically. Industry groups are calling for regulatory intervention and open-market reforms....