The Dangote Petroleum Refinery has entered into a partnership with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply 60 million litres of Premium Motor Spirit (PMS) weekly, amounting to 240 million litres monthly.
This agreement allows IPMAN members to lift petrol directly from the $20 billion Lekki-based refinery without intermediaries, ensuring efficient distribution across the country.
The collaboration comes as petrol prices continue to decline, driven by competition in the deregulated sector and increased imports by the Nigerian National Petroleum Company Limited and other marketers.
IPMAN has assured readiness to distribute the allocated volume and expressed confidence that supply from Dangote Refinery will commence before the end of November. The deal is expected to improve fuel availability and streamline the supply chain nationwide.
- Tags: Dangote refinery, IPMAN, pMS
