The Independent Petroleum Marketers Association of Nigeria (IPMAN) has firmly opposed continued importation of Premium Motor Spirit (PMS) into the country, insisting that Dangote Petroleum Refinery has the capacity to meet Nigeria’s entire demand.
Okay News reports that IPMAN National President Abubakar Garima distanced the association from reports suggesting a breakdown in supply arrangements between Dangote Refinery and marketers, describing such claims as inaccurate and misleading.
Garima emphasised that IPMAN members fully support Dangote Refinery and have consistently lifted products without any complaints since supply began.
He highlighted the reliability of supply and welcomed the refinery’s direct delivery to filling stations, which he said stabilises distribution and benefits consumers.
Garima reaffirmed IPMAN’s commitment to domestic refining as the sustainable solution for Nigeria’s downstream petroleum sector.
Dangote Petroleum Refinery also dismissed the media reports as baseless, clarifying that no supply agreement with marketers had collapsed.
The refinery explained that its engagement with the downstream market was deliberately structured to meet rising demand, enhance access, competition, and efficiency.
Supply under the marketers’ arrangement commenced in October 2025 with an agreed offtake volume of 600 million litres of PMS, which was increased to 900 million litres in November and expanded to 1.5 billion litres in December.
Since December 16, 2025, the refinery has consistently loaded between 31 million and 48 million litres of PMS daily from its gantry, subject to market demand.
To broaden participation, Dangote reduced minimum purchase volumes from two million litres to 250,000 litres and introduced a 10-day credit facility backed by bank guarantees.
These measures support liquidity, small and medium-sized operators, and reduce reliance on imported fuel.
The refinery stated that its ex-gantry prices remain competitive, market-responsive, and aligned with import parity indicators while meeting all regulatory and quality standards.
It attributed the November surge in petrol imports to licensing decisions by the former leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), which approved volumes beyond prevailing domestic demand.
Dangote reaffirmed its dedication to reliable supply, transparency, and the orderly development of a competitive downstream market.
The refinery pledged continued collaboration with regulators and stakeholders to advance domestic refining, conserve foreign exchange, moderate prices, and strengthen Nigeria’s long-term energy security.
 has firmly opposed continued importation of Premium Motor Spirit (PMS) into the country, insisting that Dangote Petroleum Refinery has the capacity to meet Nigeria’s entire demand.){kind=link}