IPMAN assures consumers Dangote Refinery’s fuel supply will reduce PMS price

*The leadership of the Independent Petroleum Marketers Association of Nigeria notes the Refinery offers the best affordable prices for petroleum products for all marketers, just as free delivery commences January 2026

Isola Moses | ConsumerConnect

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged all members nationwide to patronise the Dangote Petroleum Refinery for purchase of the Premium Motor Spirit (PMS), also called petrol.

Alhaji Abubakar Maigandi Shettima, IPMAN National President, in a statement, issued after a press conference Wednesday, December 17, 2025, in Abuja, FCT, on recent happenings in the oil and gas sector, said the leadership of the Association had noted the Dangote Petroleum Refinery already offered the best affordable price for all marketers.

Coca-Cola closing 65-year-old bottling plant over new business model, restructuring 

Shettima stated the Refinery also offers free product delivery, commencing January 2026.

The Association expressed delight over a recent agreement by the Dangote Petroleum Refinery to begin the supply of Premium Motor Spirit directly to registered IPMAN members.

The statement also indicated IPMAN applauded the support of Alhaji Aliko Dangote, Chairman of Dangote Petroleum Refinery, for the Federal Government, which it noted has become evident in the regular reduction of the petroleum pump price.

READ ALSO: FCCPC Reopens Ikeja Electric Head Office, Warns Against ‘Escalated Enforcement Action’

Taxation: Concerned Northern Elders Support Tinubu’s Reforms, Reject NEF’s Position On FIRS

Senate Confirms Eyesan, Mohammed As New CEOs Of NUPRC And NMDPRA

Shettima further stated: “The association has the highest percentage of the supply chain of the PMS downstream sector, controlling over 80% of the PMS retail market.

“We therefore declare that there will be no gap or scarcity in PMS supply to Nigerians.”

The Association said: “We are also excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members, and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026.

“This will again, certainly lead to further decrease in the pump price of the products at our filing stations.”

The National President noted: “Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable prize for all marketers today.”

Shettima also explained: “At IPMAN we have no doubt as to the viability of the oil and gas policies being initiated by the Federal Government, and we have ceaselessly called and sought for enhanced cooperation across all levels of governance in the oil and gas sector.

“Hence our repeated persuasion to always partner the Dangote refinery, to ensure the steady availability of PMS products.”

The statement noted: “The focus of the Dangote & IPMAN partnership, has always been geared towards making life better for Nigerians.

“And of course, this blooming partnership would never have been possible without the pragmatic leadership of President Bola Ahmed Tinubu, and his sound judgment in readjusting the leadership of the NMDPRA and the NUPRC.”

It averred: “Our position has always been to deepen domestic refining in order to eradicate imports of petroleum products.

“Continuous import is NOT an acceptable parallel business model, because issuing import licenses recklessly distorts market dynamics, drains foreign exchange, enthrones poverty, destroys jobs, and scares potential investors away.”

The Association congratulated the new Heads of the oil and gas regulatory bodies, and reminded them of the long outstanding bridging claims owed its members totalling over N190 billion.

IPMAN added: “We specifically call on the NMPDRA new leadership to immediately make this debt a cause for serious concern as he assumes his new position.

Kindly Share This Story