Dangote Refinery Plc has dismissed claims that its pricing arrangement favours MRS Oil Nigeria Plc or undermines competition in the downstream petroleum market, insisting that all marketers purchase products on the same terms at the refinery gate.
Managing Director David Bird stated that the refinery does not determine retail prices and does not grant preferential treatment to any marketer, with all trucks leaving the site purchasing products at ₦699 ex-gate.
Bird emphasized that Nigeria’s downstream market is fully deregulated, leaving marketers free to determine their pump prices based on their individual cost structures and strategies.
The refinery is currently producing about 50 million litres of fuel daily and is capable of meeting Nigeria’s needs despite volatility in demand.
Bird expressed optimism that stable pricing and availability of affordable, high-quality fuel would restore growth in consumption.
He also dismissed speculation about operational disruptions, assuring stakeholders that output has remained steady.
