The Independent Petroleum Marketers Association of Nigeria (IPMAN) has finalized a deal with Dangote Refinery to lift petroleum products directly, aiming to enhance supply and affordability.
The agreement, announced on Monday, follows weeks of negotiations between the two parties focused on streamlining the distribution of petroleum products across Nigeria.
This partnership is expected to ease fuel availability and reduce costs for consumers, as the Dangote Refinery ramps up operations to meet domestic demand.
In a press briefing in Abuja, IPMAN president Abubakar Garima noted the latest agreement is poised to strengthen partnerships between parties, which will result in the regular and affordable supply of petroleum products across the country.
“After meeting with Aliko Dangote and his management team in Lagos, we are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our depots and retail outlets,” he said.
Mr Garima appealed to IPMAN members to support the Dangote Refinery to strengthen economic growth.
“IPMAN members should rely on Dangote Refinery and Nigerian refineries for white products, creating more job opportunities and supporting President Bola Tinubu’s renewed hope agenda,” he stated.