The Independent Petroleum Marketers Association of Nigeria (IPMAN) is urging Dangote Refinery to begin direct petrol sales, addressing prolonged delays and unpaid funds by the Nigerian National Petroleum Company Limited (NNPCL).
This call reflects increasing frustration among marketers over supply issues and loading backlogs at NNPC depots.
Speaking in a televised interview, Abubakar Maigandi, IPMAN’s President, highlighted the impact of NNPC’s logistical challenges, revealing that IPMAN members have over ₦40 billion held by the NNPCL, hindering their ability to procure petrol.
“We have over ₦40 billion under NNPCL’s custody. Some of my marketers were recently directed to load at the Dangote refinery, but they waited with their trucks for more than four days,” Maigandi said. “With reports of 500 million litres of Premium Motor Spirit (PMS) available at Dangote, we’re ready to buy directly if the refinery offers it.”
This plea follows statements from Aliko Dangote, President of Dangote Group, who recently affirmed that his refinery could meet local petrol demand, revealing that 500 million litres of PMS are yet to be purchased by retailers.
As fuel supply challenges continue, the potential for direct sales could signal a new chapter for Nigeria’s petroleum sector, enhancing efficiency and accessibility for independent marketers.