Dangote refinery to reintroduce N5 fuel discount scheme
The Dangote Petroleum Refinery has disclosed plans to reintroduce its suspended N5 per-litre fuel discount scheme for its strategic partners, after temporarily halting the initiative due to reported infractions by some participating marketers.
PUNCH Online had exclusively revealed earlier on Friday that the refinery uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the suspension of the refinery’s discounted fuel supply scheme.
The rebate designed to support Dangote’s registered affiliate marketers in achieving stable profit margins amid price competition from fuel importers, while also guaranteeing nationwide availability of the refinery’s products, was paused on July 13 following allegations of diversion and abuse of authority by certain dealers.
This allowed them to cash in on the price differential without incurring legitimate costs associated with logistics, retail station operations, or administrative compliance, making a fast profit.A letter to all strategic partners issued on July 13, 2025, signed by the Group Executive Director-Commercial Operations, Fatima Dangote, disclosed that some marketers were reselling petroleum products directly from the tarmac at rates below the official gantry price.
The refinery noted that the diverted products were often sold at market rates far above the agreed subsidised prices, effectively undermining the core objectives of the scheme and distorting the downstream market.
Miffed by this situation, the refinery directed the suspension of its discount scheme for its customers with effect from July 13, 2025.
