The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed plans to engage with the Dangote Refinery this week to discuss the direct lifting of Premium Motor Spirit (PMS) and explore potential price reductions.
Chief Chinedu Ukadike, the spokesperson for IPMAN, expressed optimism that the association will soon begin lifting petrol directly from the refinery, aiming to benefit Nigerians with reduced fuel costs.
The meeting is part of efforts to address rising fuel prices and ensure efficient distribution.
He highlighted that despite the refinery’s commencement of petrol distribution, effective distribution remains a significant challenge in Nigeria’s oil and gas sector.
“There is a meeting scheduled for this week between Dangote and IPMAN. We are happy that Dangote has set on a new course in terms of looking to other stakeholders to distribute its products,” Ukadike said.
“It is now distributing to major marketers, and we are hopeful that with time it will start distributing to independent marketers.”