Unknown company near us blends, sells substandard products — Dangote Refinery alleges

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Dangote Refinery has alleged that an international trading company recently acquired a depot for blending and selling substandard products in Nigeria.

'At the same time, an international trading company has recently hired a depot facility next to the Dangote Refinery, with the objective of using it to blend substandard products that will be dumped into the market to compete with Dangote Refinery's higher quality production. 'This is detrimental to the growth of domestic refining in Nigeria. We should point out that it is not unusual for countries to protect their domestic industries in order to provide jobs and grow the economy.

reported that Dangote Refinery had disclosed that it set its PMS price at N960 per litre for sale into ships and N990 per litre for trucks.

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