Dangote Refinery Supply to Cut Fuel Prices — IPMAN
Atume Terfa
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed strong confidence in the Dangote Petroleum Refinery’s plan to supply petrol directly to marketers, describing it as a major step toward lowering pump prices and improving fuel availability nationwide.
IPMAN’s leadership says its registered members stand to benefit significantly from sourcing Premium Motor Spirit (PMS) straight from the Dangote refinery, as the arrangement is expected to cut costs, reduce supply bottlenecks and eliminate layers of middlemen that often inflate prices.
Addressing journalists in Abuja, IPMAN National President Alhaji Abubakar Maigandi Shettima pointed to the refinery’s growing influence in the downstream sector, noting that it accounts for more than 80 per cent of PMS retail supply. He said the direct supply framework would strengthen distribution efficiency and ease the persistent fears of fuel scarcity across the country.
Shettima revealed that from January 2026, the Dangote refinery plans to begin free nationwide delivery of petrol to IPMAN-affiliated filling stations, a move he said would exert sustained downward pressure on pump prices. He added that marketers are being encouraged to prioritise the refinery for petrol purchases, as it currently offers some of the most competitive pricing in the market — an advantage he believes will deepen as production volumes rise.
IPMAN also commended the refinery’s recent price cuts at the gantry, which have already reshaped competition in the fuel market. According to the association, the combination of price reductions and direct lifting arrangements could finally bring meaningful relief to motorists and households burdened by high fuel costs.
While acknowledging the broader market challenges that come with scaling local production, IPMAN said the Dangote refinery represents a turning point for Nigeria’s energy sector. The association expressed optimism that increased domestic refining capacity will help stabilise petrol prices, reduce dependence on imports and strengthen the country’s long-term energy security.
