Niyi Jacobs
Nigerians have expressed growing frustration with Dangote Refinery’s lack of transparency regarding its fuel prices. Despite commencing fuel distribution months ago, the company has consistently avoided disclosing the exact price at which it sells its products to marketers.
This secrecy has led to widespread speculation and accusations of price manipulation. Independent Petroleum Marketers Association of Nigeria (IPMAN) officials have claimed that Dangote’s petrol is being sold at a higher price than other sources, further fueling public discontent.
Nigerians on social media have demanded that Dangote Refinery come clean about its pricing strategy. They argue that transparency is crucial for ensuring fair competition and protecting consumer interests.
The controversy surrounding Dangote Refinery’s fuel pricing highlights the need for greater accountability and transparency in the Nigerian oil and gas sector. As the country grapples with persistent fuel scarcity and price hikes, it is imperative that all stakeholders, including private refineries, play a responsible role in stabilizing the market.
