Dangote Refinery has criticized an unnamed international trading company for hiring a nearby depot to allegedly “blend substandard products” and compete with its higher-quality production in the Nigerian market.
This was disclosed in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Refinery, on Sunday, 3rd of November, 2024.
Chiejina described the development as detrimental to the growth of domestic refining in Nigeria
Chiejina highlighted that the nearby depot would be harmful to domestic refining in Nigeria.
Chiejina stressed that while Dangote Refinery remains committed to providing affordable, high-quality, domestically refined petroleum products in Nigeria, it calls on the public to disregard the deliberate disinformation about petrol pricing being circulated by agents of those who prefer to continue exporting jobs and importing poverty.
Dangote stated that the refinery has the capacity to meet local demand, even if consumption reaches 55 million liters per day.
He noted that since marketers are already importing petrol, it should not be an issue for them to source products from a local producer.
He emphasized that with the refinery’s products readily available, there is no valid reason for marketers not to pick up supplies from their facility.
