Why Petrol Marketers are Unable to Buy Dangote Fuel - IPMAN

Petrol marketers have voiced their frustrations over difficulties in purchasing fuel from the Dangote Refinery.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has highlighted significant challenges, particularly delays in the registration process required for direct fuel lifting from the refinery.

Abubakar Maigandi, speaking to Channels Television, revealed that despite Dangote Refinery holding a substantial stock of 500 million litres of Premium Motor Spirit (PMS), marketers are unable to access it efficiently.

"Recently, some of the IPMAN marketers that NNPCL sent to Dangote Refinery to lift gasoline stayed with their trucks for four days; they are unable to load," Maigandi explained.

This situation has led to a preference for imported fuel, which is currently being sold at prices ranging from N1030 to N1250 per litre across the country. The crux of the issue appears to be procedural.

Maigandi noted that while IPMAN members have submitted applications to purchase directly from Dangote, the refinery has yet to register them. "Until now, NNPCL is still the sole offtaker of Dangote Petrol," he added, indicating that the Nigerian National Petroleum Company Limited's role as the exclusive purchaser further complicates the situation.