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No Gloves Off Against Dangote — Oil Marketers Clarify After Monopoly Allegation


By Chidinma Iwuoha

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. 

The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of its petrol pricing because they want to import substandard products at cheaper rates.

PETROAN in the latest in a statement signed by its spokesperson, Joseph Obele, said the accusation of importing substandard product by Dangote is “his usual gimmick for maintaining monopoly.”

The marketers maintained that consumers get the best value for pricing when competition is at its peak, hence competition should be encouraged.



 

 

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