The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured a landmark agreement with Dangote Refinery to lift products directly, paving the way for a steady and affordable supply of PMS products nationwide.
This partnership is expected to eliminate middlemen, reduce costs, and ensure a steady supply of fuel across the country.
Abubakar Garima, IPMAN’s National President, announced the partnership at a press briefing in Abuja, following a meeting with Aliko Dangote and his management team in Lagos. “After meeting with Aliko Dangote and his management team in Lagos, we are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our depots and retail outlets,” Garima stated.
The partnership is expected to increase efficiency, affordability, and economic growth in Nigeria’s petroleum industry. Garima urged IPMAN members to support Dangote Refinery, citing the benefits of backward integration and its positive impact on Nigeria’s foreign exchange market ¹. “IPMAN members should rely on Dangote Refinery and Nigerian refineries for white products, creating more job opportunities and supporting President Bola Tinubu’s renewed hope agenda,” he added.
The Dangote Refinery, the largest in Africa and Europe, has already commenced production of petrol, diesel, and aviation fuel. With plans to supply products to over 30,000 IPMAN members and 150,000 retail outlets nationwide, this partnership is set to revolutionize Nigeria’s fuel distribution landscape.
