• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • CBN opens applications for second Regulatory Sandbox cohort [WHERE TO APPLY]
  • Adeleke: I’m not afraid of FG, governors backing APC candidate won’t vote
  • YPLDP partners Hisbah to combat animal cruelty
  • NIGCOMSAT: Continuous tech upgrades critical to Nigeria’s security
  • Advocate unveils book on teen menstrual health
  • FG urges BOA to explore innovative agricultural financing
  • Africa CRVS Day 2026: Nigeria accelerates efforts to ensure every child has a legal identity
  • Lagos overtakes oil states, tops FAAC earnings with N365.78bn
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    FG urges BOA to explore innovative agricultural financing

    August 11, 2026

    Tinubu: Livestock sector key to Africa’s growth

    August 11, 2026

    NAMPPMAN: Nigeria ranks 11th largest global mango producer

    August 10, 2026

    Nigeria seeks deeper China cooperation on agriculture

    August 10, 2026

    FG, Lagos renew push on flood resilience, water reforms

    August 7, 2026
  • Sci & Tech

    NIGCOMSAT: Continuous tech upgrades critical to Nigeria’s security

    August 11, 2026

    Expert urges researchers to adopt frugal innovation

    August 11, 2026

    MTN Nigeria marks 25 years of operations

    August 8, 2026

    MTN Nigeria invests N1.62tn, profit rises 70.6%

    August 8, 2026

    NGO trains 60,000 girls in STEM

    August 7, 2026
  • Health

    YPLDP partners Hisbah to combat animal cruelty

    August 11, 2026

    Advocate unveils book on teen menstrual health

    August 11, 2026

    Abia launches CyTrack app to track high-risk pregnancies

    August 11, 2026

    Nasarawa to build major trauma centre in Akwanga

    August 11, 2026

    Rorau community launches savings scheme for health emergencies

    August 11, 2026
  • Environment

    Nasarawa builds flyover at Keffi to curb deadly crashes

    August 11, 2026

    Lagos needs larger infrastructure budget – Hamzat

    August 10, 2026

    Rising costs, tighter margins challenge private sector productivity – Expert

    August 10, 2026

    Tinubu to open international security conference Tuesday

    August 10, 2026

    Cart pushers fill Lagos waste gap

    August 9, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    CBN opens applications for second Regulatory Sandbox cohort [WHERE TO APPLY]

    August 11, 2026

    Adeleke: I’m not afraid of FG, governors backing APC candidate won’t vote

    August 11, 2026

    YPLDP partners Hisbah to combat animal cruelty

    August 11, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    CBN opens applications for second Regulatory Sandbox cohort [WHERE TO APPLY]

    August 11, 2026

    Adeleke: I’m not afraid of FG, governors backing APC candidate won’t vote

    August 11, 2026

    YPLDP partners Hisbah to combat animal cruelty

    August 11, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»Oil & Gas/Mineral Resources»Dangote rejects DAPPMAN’s ₦1.5trn subsidy demand
Oil & Gas/Mineral Resources

Dangote rejects DAPPMAN’s ₦1.5trn subsidy demand

Abdoulaye KayBy Abdoulaye KaySeptember 18, 2025Updated:September 18, 2025No Comments2 Mins Read
Dangote
Share
Facebook Twitter LinkedIn Pinterest Email

The Dangote Petroleum Refinery has reaffirmed its opposition to the subsidy request by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), describing the call for an annual ₦1.505 trillion subsidy as both unfair and unsustainable.

In a statement issued on Wednesday, September 17, 2025, and published in several national dailies, the refinery explained that DAPPMAN’s demand stems from its insistence on a ₦75 per litre adjustment for coastal logistics and pumping expenses. Dangote argued that this effectively amounts to pushing the refinery to absorb costs and transfer them to Nigerian consumers.

“Marketers are demanding that we discount ₦70 per litre in coastal freight, NIMASA fees and other associated costs, plus ₦5 per litre for pumping into vessels,” the statement read. “This translates to an additional annual subsidy burden of ₦1.505 trillion, which we cannot accommodate.”

The refinery stressed it would not revisit the era of government-backed fuel subsidies, which it said drained Nigeria’s resources and encouraged inefficiencies in the downstream oil sector.

Citing Nigeria’s projected daily consumption of 40 million litres of Premium Motor Spirit (PMS) and 15 million litres of Automotive Gas Oil (AGO), Dangote said the marketers’ demands would artificially inflate costs by trillions of naira.

It added that the refinery has adequate capacity to meet both domestic needs and export requirements, maintaining a steady monthly stock of 500 million litres of refined products. Between June and September 2025 alone, Dangote exported 3.2 million metric tonnes of PMS, AGO and aviation fuel, while marketers imported 3.7 million tonnes of similar products—an action the refinery described as “dumping,” harmful to Nigeria’s economy and citizens.

Reaffirming its commitment to the federal government’s economic reforms under President Bola Ahmed Tinubu, the refinery said its operations are aimed at stabilising the naira, easing the impact of subsidy removal, and boosting Nigeria’s role as a refining hub.

“Dangote Petroleum Refinery remains firmly committed to the progress and well-being of Nigeria,” the statement concluded. “We will continue to partner with the government and stakeholders to ensure accountability and national development.”

Dangote DAPPMAN Subsidy demand
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Abdoulaye Kay
  • Website

Related Posts

LPG retailers link price hikes to global supply disruptions

June 20, 2026

PICNG-EV boosts awareness on CNG as safer, cheaper Fuel

June 20, 2026

Oil prices steady ahead of Iran deal signing

June 16, 2026

Leave A Reply Cancel Reply

CBN opens applications for second Regulatory Sandbox cohort [WHERE TO APPLY]

August 11, 2026

Adeleke: I’m not afraid of FG, governors backing APC candidate won’t vote

August 11, 2026

YPLDP partners Hisbah to combat animal cruelty

August 11, 2026

NIGCOMSAT: Continuous tech upgrades critical to Nigeria’s security

August 11, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.