Dangote Petroleum Refinery has accused an international trading company of renting a nearby depot to blend substandard petroleum products in Nigeria, a move the company claims threatens the integrity of the domestic refining sector.
In a statement released late Sunday in Lagos, Anthony Chiejina, Chief Branding and Communications Officer for the Dangote Group, expressed concerns over the situation. He stated, “An international trading company has recently hired a depot facility next to the Dangote Refinery to blend sub-standard products that will be dumped into the market to compete with Dangote Refinery’s higher quality production.”
Chiejina emphasized the negative impact this practice could have on the growth of Nigeria’s domestic refining industry. He noted that it is common for countries to implement protective measures for their local industries, citing examples from the U.S. and Europe, which have imposed high tariffs on electric vehicles and microchips to safeguard domestic jobs and economic growth.
“While we remain committed to providing affordable, high-quality domestically-refined petroleum products in Nigeria, we urge the public to disregard the disinformation being spread by those who prefer to export jobs and import poverty,” Chiejina added.
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