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The Dangote Refinery has entered a significant agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) for the weekly supply of 60 million litres of Premium Motor Spirit.
This partnership has already led to a marginal reduction in fuel prices across IPMAN member stations nationwide, with prices dropping between N10 and N50 per litre.
IPMAN spokesperson, Chinedu Ukadike, on Sunday confirmed that the direct petrol supply deal with Dangote Refinery is set to enhance nationwide distribution and intensify competition in the deregulated oil and gas sector.
The agreement, which began on November 11, 2024, aims to stabilize fuel availability and bring more relief to consumers.
