Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery plans to supply up to 600 million litres of petrol every month in a move aimed at stabilising the local fuel market and addressing the persistent rise in pump prices.
According to the Independent Petroleum Marketers Association of Nigeria (IPMAN), the refinery has developed a new distribution framework involving 20 selected marketers who will act as primary distributors to other dealers nationwide. Each of these firms is expected to lift at least two million litres of petrol monthly, forming the backbone of the new supply strategy.
IPMAN’s National Public Relations Officer, Chinedu Ukadike, said the refinery recently met with key downstream players—including A.Y.M. Shafa, A.A. Rano, NNPCL Retail, and Salbas—to streamline allocation processes and eliminate middlemen responsible for price distortions.
“The arrangement will help ensure smoother product flow, reduce speculation, and eventually ease the pressure on pump prices,” Ukadike explained.
The association’s Vice President, Hammed Fashola, also confirmed the plan, noting that while the list of the 20 approved marketers has not yet been made public, the move is expected to boost nationwide fuel availability.
Despite the refinery’s efforts, petrol prices in Abuja and other major cities continue to climb amid tight supply. Checks by The Punch revealed that filling stations such as Optima Energy, A.A. Rano, and A.Y.M. Shafa have adjusted prices to between ₦940 and ₦955 per litre.
IPMAN President, Abubakar Shettima, attributed the recent surge to supply disruptions and rising depot prices following a temporary halt in fuel loading by the Dangote Refinery. He, however, expressed optimism that prices would soon stabilise once loading operations resume.
In a related development, the refinery has reduced the ex-depot price of diesel by ₦50, lowering it from ₦960 to ₦910 per litre, effective October 15, 2025. The company’s Group Commercial Operations Department said the review was part of efforts to support consumers and maintain price stability in the energy sector.
Industry analysts believe the refinery’s latest petrol distribution plan and diesel price cut could bring much-needed relief to transporters, manufacturers, and motorists if sustained over the coming months.
