Dangote Dismiss Claims Of Cheaper Petrol Sales In Togo

The Dangote Group has denied allegations by the Depot and Petroleum Product Marketers Association of Nigeria that its refinery sells petrol to international traders at cheaper rates than those offered to Nigerian marketers.

DAPPMAN’s Executive Secretary, Olufemi Adewole, had alleged in an interview that members of the group purchased Dangote’s petrol through international traders in Lome, Togo, at prices N65 lower than what the refinery sells directly in Nigeria.

According to him, attempts by local marketers to buy petrol directly from the Dangote refinery had proved costlier, sometimes making it more viable to import the product from abroad.

“Dangote sells to international traders at N65 cheaper than what he is selling to us. In some instances, we were able to buy from those people and still bring it to Nigeria,” Adewole claimed.