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Dangote Refinery rejects ₦1.5trn subsidy demand

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Dangote Refinery rejects DAPPMAN’s ₦1.5trn subsidy claim, insisting it won’t absorb marketers’ logistics costs amid ongoing pricing dispute

Dangote Refinery subsidy dispute has taken a new turn as the company firmly rejected a ₦1.5 trillion subsidy demand by members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), sparking renewed debate over fuel pricing and logistics costs.

Also read: Aliko Dangote Eyes Electric Trucks for Fuel Rollout

In a strongly worded statement published Thursday, Dangote Petroleum Refinery insisted that it will not absorb coastal transportation costs being pushed by marketers, who claim significant expenses are incurred when moving refined products from the refinery’s Lagos base to other regions.

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Labelled “misleading and unfounded,” the claim by DAPPMAN that Dangote owes a logistics subsidy to enable price uniformity was categorically dismissed.

The company stressed that sales from its refinery gantry are based strictly on production cost and regulated margins, with no hidden or backdoor subsidies.

“DAPPMAN’s claim of subsidy is false and unfounded,” the statement read. “Our logistics costs are borne by marketers, who transport products to their respective depots nationwide.”

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The refinery, which began national fuel distribution earlier this year, said it has already demonstrated its capacity through over 3.4 million tanker movements across the country between June and September 2025.

The crux of the Dangote Refinery subsidy dispute centres on DAPPMAN’s reported request of ₦1.505 trillion as compensation to equalise prices at their coastal depots.

The figure was described by Dangote as an attempt to offload operational costs not agreed upon in any pricing framework.

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Dangote’s management reaffirmed that fuel subsidy was abolished by the Federal Government in May 2023, and as such, the refinery is under no obligation to subsidise marketers’ business models.

“There is no subsidy in our pricing template,” the statement reiterated. “We cannot be coerced into absorbing the cost of marketers’ distribution.”

The dispute comes as fuel distribution in Nigeria faces renewed pressure following a recent strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), which temporarily disrupted nationwide supply chains.

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While the strike focused on worker welfare and sectoral governance, it also reignited broader public concern about deregulation, energy pricing, and the shifting burden placed on consumers and frontline workers.

In its closing remarks, Dangote Petroleum Refinery pledged continued support for energy stability and affordability, calling on all stakeholders to prioritise transparency and collaboration.

“We remain committed to ensuring energy security in Nigeria, delivering products at affordable prices, and working towards lasting stability in the petroleum sector.”

Also read: Aliko Dangote Eyes Electric Trucks for Fuel Rollout

The company also made available a detailed breakdown of the ₦1.5 trillion marketers’ request, reiterating its stand that it will not fund distribution subsidies outside its production mandate.

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Rest of World to Shut Down as Search for New Home Continues

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Rest of World

Rest of World shutdown plans point to January 2027 as leaders seek a new institutional home for the nonprofit technology newsroom

Rest of World, the international nonprofit digital publication known for reporting on technology’s impact beyond Western markets, is preparing to end operations as an independent organisation in January 2027 while its leadership searches for a new institutional home.

Also read: Flamingos Target Quarter-Finals in Mexico Clash

Deputy Editor Rina Chandran confirmed the development in a LinkedIn post on Monday, October 26, 2026, saying the newsroom would continue publishing until the end of January as efforts to secure a future for the publication continued.

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“Yes, it’s true: Rest of World is shutting down. After six years of award-winning reporting, our leadership is searching for a new home for the publication that was launched to cover innovation outside the West,” Chandran wrote.

She recalled joining the publication as its Southeast Asia editor in Bangkok before moving to San Francisco, where she became a deputy editor covering how technology developed in Silicon Valley affects people in other parts of the world.

Chandran described working with the publication’s reporters, editors, freelancers and columnists as a privilege, expressing appreciation for the people who contributed to its journalism.

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She also reassured contributors that work already commissioned would still be published and that existing journalism would be preserved and remain accessible.

“If you are a freelancer or columnist who has already been commissioned, you’re good! Your work will be preserved and continue to be accessible,” she wrote, thanking readers, donors and supporters.

The announcement follows a report by Semafor on Sunday that Rest of World founder and principal financial backer Sophie Schmidt had held discussions with several large institutions about potentially taking over the newsroom.

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According to Semafor, two people familiar with the plans said a late-January wind-down date had been set to give employees time to receive exit packages and seek new jobs if efforts to find a new institutional home failed.

Schmidt reportedly told donors that the publication would stop operating as a standalone entity at the end of January.

The proposed closure comes amid a reported decline in traffic from web searches and social media referrals over the preceding 18 months.

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The publication had attempted to retain readers by placing greater emphasis on Western audiences and requiring visitors to register before accessing articles.

Founded in 2020, Rest of World sought to broaden technology journalism beyond the traditional focus on Silicon Valley and other Western technology centres.

Its reporting examined how digital products, platforms and infrastructure shape everyday life, work and economies in emerging markets and other underreported regions.

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Schmidt pledged $60m to establish the project as a nonprofit newsroom.

Over the years, its coverage has explored technology-driven changes in labour markets, digital infrastructure, artificial intelligence and the influence of major technology companies.

The publication’s 2025 annual report said it reached more than 753,000 readers monthly across platforms and channels, with reporting spanning nearly 40 countries during the year.

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Those figures illustrate the scale of its international reporting, even as the organisation faces difficulties sustaining its current operating model.

The planned end of independent operations does not necessarily mean the publication’s journalism will disappear.

Its leadership is seeking an institution that could provide a future for the newsroom, while Chandran has said its existing work will remain accessible.

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Also read: Flamingos Target Quarter-Finals in Mexico Clash

Whether a suitable organisation will take over the publication, and what form Rest of World might take under new ownership or institutional support, remains unresolved.

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