adplus-dvertising
Nigeria Newspapers

Your statement laced with inaccuracies, Marketers reply Dangote refinery

dboilmarketers

WATCH THE VIDEO HERE

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has clarified that none of its members imports dirty fuel.

The association spoke in response to the allegation by Dangote Refinery alleging attempt to frustrate its refinery by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The management of Dangote Refineries had alleged that licences were being granted indiscriminately to marketers to import dirty fuel.

But DAPPMAN in a statement said “no member of the association and indeed, no private fuels depot has imported into the country any fuel with specification that is outside of the regulation other than what is currently approved by the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA).”

It stated that the information from the Dangote Refinery Management “is laced with inaccuracies”.

The statement read: “DAPPMAN noted that the downstream regulatory authority, (NMDPRA), in the very recent past had initially objected to offtakes by our daughter vessels from import mother vessels, via Ship-to-ship operations which usually take place offshore Lome, a move which was vehemently protested and resisted by downstream operators and has been rescinded.

“DAPPMAN recalls that between February and May 2024, the NMDPRA had allowed AGO imports with maximum sulphurcontent of 200/ppm however this was followed by another move, by the regulator, to fast forward the country target date of the implementation of the 50/ppm sulphur limitation on PMS and AGO imports, from 31st December 2024 to 1st June 2024, thereby limiting all marketers and depots’ AGO source to Dangote Refinery even though the latter was yet to install its desulphurization equipment as the sulphur in its blends of AGO presently exceed 50/ppm.

“This again was resisted by DAPPMAN in its letter to the NMDPRA which was dated 10th June 2024 to warn and alert the regulator not to ‘inadvertently promote and introduce a monopoly into the sector.

“With stiff resistance at every attempt at introducing a Dangote Refinery monopoly into the downstream, and the fact that the latter, despite its most recent production of AGO with sulphurcontents reported at 1200/ppm, it is baffling to us that the Management of Dangote Industries (including the Dangote Refinery), who are very much aware of these facts, could claim that the NMDPRA has been granting licenses indiscriminately to marketers to import ‘dirty refined products’ into the country.”

According to it, Dangote Refinery as a business entity “is free to adopt any model that suits its management however its current practice of cheaper bulk sales prices to international buyers at the detriment of Nigerian buyers calls to question their patriotism to the country.”

“There is no doubt that the success of Dangote Refinery will be a thing of pride to the nation, but all downstream operators and their activities must be in tandem with the provisions of the Petroleum Industry Act 2021 which abhors ‘monopoly’ of any sort.

“DAPPMAN will continue to work with all stakeholders, including Dangote Refinery willingly to provide safe, healthy fuels to all Nigerians competitively giving them great and affordable fueling options for their daily activities.”

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

WATCH FULL VIDEO

WATCH THE VIDEO HERE