August 13, 2025
Business

Dangote Suspends Petrol Discount as Partners Undercut Prices

The Dangote Petroleum Refinery has announced the suspension of its discounted pricing scheme for strategic partners, citing abuse of the initiative and threats to its refinery operations.

In a notice dated July 13, 2025, seen by Daily Times and signed by Fatima Dangote, group executive director for commercial operations, the company said the suspension takes immediate effect and is part of efforts to restructure the scheme for long-term sustainability.

According to the statement, over the last few months, the company has been receiving unprecedented complaints of Strategic Partners (Partners) selling their ATCs at the refinery (Tarmac) below the prevailing PMS gantry product price.

An ATC is a formal approval that allows an entity to collect designated items—such as goods, payments, or documents—on behalf of another person.

“Whilst we have engaged partners severally on this, it has become evident that this has become an area of grave concern to DPRP as it affects the sustainability of our gantry operations,” the statement reads.

“To this end, DPRP Management is suspending the discounted price offered to partners effective 13th July 2025 and working towards restructuring the scheme.

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“Furthermore, please note the following: All existing PRNs at partners price will remain valid for loading, any partner awaiting PRN for payment made at Partner price before the effective date will receive same, and recommended pump prices across the retail stations should still be adhered to.”

The company assured its partners that the move would not disrupt their relationship, noting that it was judiciously exploring other incentive/reward schemes, which would be communicated in due course.

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