Dangote Petroleum Refinery has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the claims as baseless, unsupported by trade economics and inconsistent with its commercial interests.

The company issued the response on Tuesday in a statement titled “Response to Unsubstantiated Claims and Tissue of Lies”, saying it was compelled to address what it described as false narratives despite its longstanding policy of not responding to unfounded allegations.

“As a matter of policy, we do not respond to baseless and unsubstantiated claims, However, we have decided to clear the air on these ill-motivated web of falsehoods for posterity,” the refinery said.

The statement comes at a time of serious public debate over petrol prices in Nigeria following recent volatility in global oil markets and growing scrutiny of pricing decisions by major fuel suppliers.

Refinery says claims defy commercial logic