Dangote Petroleum Refinery and Petrochemicals has expressed its support for healthy competition that fosters innovation and quality.
The refinery welcomed the upcoming commissioning of the four state-owned refineries, as promised by the Nigerian National Petroleum Company Limited (NNPCL).
In addition, it advised Pinnacle Oil and Gas Limited that deregulation should not serve as a rationale for importing “off-spec petroleum products” or for actions that undermine Nigeria’s national interests.
The statement came in response to remarks made by Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, who had denied blending substandard petroleum products.
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In the statement, the refinery said, “At Dangote Petroleum Refinery, we are committed to ensuring that Nigeria becomes self-reliant in petroleum production, and we welcome competition that drives innovation and quality.
“However, we will never allow the continued importation and blending of petroleum products, nor the deliberate destruction of our national economy. We believe that a strong, self-sufficient energy sector is vital to Nigeria’s economic growth, and we will continue to advocate for policies and practices that protect our industries and the well-being of all Nigerians,” it said.
Dangote Refinery reaffirmed its commitment to deregulation and industrialization, emphasizing that these principles are rooted in its dedication to the sustainable growth of Nigeria’s economy and the safeguarding of its citizens from exploitation.
The refinery stressed that the health and safety of Nigerians must always be prioritized over the pursuit of profit.
“The Dangote Petroleum Refinery and Petrochemicals Company has long been an advocate for deregulation and industrialisation in Nigeria, but our support is rooted in a commitment to the sustainable growth of the country’s economy and the protection of its people from any exploitation. Unlike Dickerman’s view, deregulation should not be a licence for the importation and distribution of off-spec products or the subversion of national interests,” it said.
Dangote Petroleum Refinery urged the government, patriotic Nigerians, and local businesses to stay committed to safeguarding the country’s sovereignty and ensuring its economic independence.
“The choice we face is between fostering industrialisation or allowing Nigeria to remain a dumping ground for inferior products while exporting jobs. For nearly three decades, cartels and their collaborators have sabotaged efforts to develop Nigeria’s refining capacity, keeping the country dependent on imported products. The time has come to end this cycle of exploitation and ensure that Nigeria’s energy sector works for the benefit of its people,” it added.
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