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Dangote Refinery, Marketers Sign Deal to Lift 240m Litres of Petrol Monthly as NNPC Imports [Video]

  • The Dangote Refinery and IPMAN have signed a significant agreement to supply 240 million litres of petrol monthly
  • The agreement is a result of prolonged negotiations between the marketers and the refinery
  • The deal is part of the refinery’s more extensive strategy to boost fuel distribution across Nigeria as it ramps up operations

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Dangote Refinery has reached a landmark agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply 60 million litres of petrol weekly, averaging 240 million litres monthly.

The arrangement will begin in the coming weeks and will give IPMAN about 240 million litres of petrol monthly, boosting the association’s distribution capacity.

Chairman of the Dangote Group, Aliko DangoteCredit: Bloomberg/ContributorSource: UGC

IPMAN, Dangote Refinery eliminate middlemen

IPMAN’s national publicity secretary, Chinedu Ukadike, said the deal would allow its members to lift petrol directly from the Dangote Refinery …

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