The Dangote Petroleum Refinery has clarified that it has not received authorization from the Nigerian National Petroleum Company Limited (NNPCL) to supply Premium Motor Spirit (PMS) to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN). This announcement came after the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN) and IPMAN raised concerns over prolonged delays in accessing petrol from the refinery.
IPMAN President Abubakar Maigandi had earlier stated that members were unable to load petrol from the refinery, despite reports by Dangote Group’s Aliko Dangote of an available stock of over 500 million liters. Responding, Dangote’s Chief Branding and Communications Officer, Anthony Chiejina, emphasized that payments made by IPMAN members were directed to the NNPCL, not Dangote Refinery, which currently lacks direct dealings with IPMAN.
The Dangote Refinery, equipped to load up to 2,900 trucks daily and meet national fuel demands, urged IPMAN to establish direct registration and transactions with them for better service. The company also appealed to all stakeholders to avoid unsubstantiated media statements that could disrupt ongoing economic reforms.
Meanwhile, PETROAN has requested that Dangote disclose the price of its PMS to help drive informed purchase decisions. They pointed out that price clarity could redirect buyers from costlier options, such as the NNPC’s ₦1,040 per liter price in Port Harcourt, to Dangote Refinery.
Additionally, the Major Energies Marketers Association of Nigeria (MEMAN) reassured the public of sufficient fuel availability, urging against panic buying. According to MEMAN’s latest data, landing costs for petrol, diesel, and aviation fuel as of October 31, 2024, stood at ₦978.01, ₦1,069.97, and ₦1,119.67 per liter, respectively.
