Oil marketers have revealed that they are getting their petrol supplies from Dangote Refinery and Petrochemical, insisting that nobody is importing the product for now.
They stated that the supply chain has been stable, with the oil marketers now buying their products from Dangote Refinery.
However, some marketers argue that petrol importation is still going on as the domestic refining capacity is not enough to meet national demand.
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In an exclusive interview with Nairametrics, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, said independent oil marketers have no complaints as there is no shortage of products, with prices dropping.
Ukadike emphasized that he doesn’t think anybody is importing petrol at this moment, as they are getting all their supplies from Dangote Refinery.
He said, ‘’Well, since Dangote has reduced his price, and we have not complained of a shortage of products. Even when it’s in the Christmas period, when you know that there is a high level of traffic. There is no shortage of products, and there is no importation.
‘’So, you will find out that the supply chain is stable. So, that one, literally, has also cancelled all these accusations and counteraccusations on petrol importation. I don’t think anybody is importing within this period on that regime. Nobody is importing now. I’m sure that nobody is importing. So, all the supplies we are getting now are from Dangote. You know Dangote has also opened up the market for independent marketers.’’
There had been earlier reports that the fuel supply arrangement between the Dangote Refinery and 20 major petroleum marketers, under which the parties agreed to offtake 600 million litres of petrol monthly, had collapsed over pricing disagreements, leading to an upsurge in the importation of the product in November 2025.
The agreement, which was structured as a pilot arrangement, was part of efforts to stabilise supply in the domestic market and ease the recent surge in pump prices.
Culled from Nairametrics
