Dangote Refinery to Supply 150,000 Retail Outlets

The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria.

This follows a meeting between the management of the refinery and executives of IPMAN.

Last week IPMAN had scheduled a meeting with the management of Dangote refinery regarding the supply of products to independent marketers.

On Friday, the President of IPMAN, Abubakar Maigandi, stated that the association had finally met with the management of the refinery, adding that the latter agreed to supply products to over 30,000 IPMAN members.

Commenting on the outcome of the meeting between IPMAN and Dangote refinery, the association’s president said the management of the plant would be supplying products to the 150,000 stations of IPMAN nationwide.

“The meeting went well, so right now we are just expecting their reply in terms of products that they are going to give us. They have agreed to dispense products to IPMAN members,” Maigandi stated.

“We have 30,000 members as of our last census, which was done two years ago. And they agreed to supply products to us. Also, our retail outlets are 150,000 stations across the country.”

He added; “What he (Dangote) is producing is for Nigeria’s consumption. He can supply Nigeria and can export some of the products.

“It is not a small refinery. It is a very big refinery. I was there to see things for myself and it is a massive refinery.”

According to reports, the regulator of the downstream oil sector is also examining the refined products from the refinery before the facility would be given approval to dispense fuel to the market.

Meanwhile, seven major oil marketers in Nigeria have registered with the Dangote refinery for the lifting and distribution of refined petroleum products.

The dealers, under the aegis of the Major Oil Marketers Association of Nigeria (MOMAN)  confirmed on Sunday that with the registration, they would commence the distribution of fuel produced from the facility once the commercial terms were sorted.

The seven major marketers include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail.

Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria, (PETROAN) has also stated that it is engaging the management of the multi-billion dollar refinery for the supply of products from the facility.

On January 12, 2024, the Dangote Petroleum Refinery commenced the production of Automotive Gas Oil, popularly called diesel, and JetA1 also known as aviation fuel.

Punch/Hauwa Abu