Dangote Refinery Targets 600 Million Litres Monthly to Ease Petrol Shortages in Nigeria
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery is set to release up to 600 million litres of petrol monthly in a strategic move to stabilise supply across Nigeria and curb the recent surge in pump prices. The refinery’s plan, revealed at a high-level meeting with key downstream players, aims to improve accessibility of petrol and reduce the disruptions that have plagued the domestic market.
Chinedu Ukadike, National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), said the refinery intends to work with 20 selected marketers who will serve as primary distributors. “Each marketer will lift a minimum of two million litres, translating to approximately 600 million litres every month,” Ukadike explained. The strategy is designed to cut out middlemen, streamline product allocation, and enhance efficiency in delivery nationwide.
The move was confirmed by IPMAN’s National Vice President, Hammed Fashola, who acknowledged that while the final list of the 20 marketers is yet to be publicly released, the framework is already set to tackle the long-standing supply challenges. Despite these plans, petrol stations in Abuja and other major cities have continued adjusting pump prices upward, with some outlets selling petrol at N1,000 per litre, citing supply bottlenecks and depot pricing inconsistencies.
IPMAN President, Abubakar Shettima, attributed the price fluctuations to depot owners taking advantage of intermittent fuel supply. “Dangote has not been selling to marketers consistently, which prompted depot owners to raise prices temporarily. Once Dangote resumes distribution fully, we expect prices to stabilise,” Shettima assured. The association expressed confidence that the refined distribution system would quickly restore balance in the downstream market.
In a related development, Dangote Petroleum Refinery has also reduced the ex-depot price of diesel (Automotive Gas Oil) by N50 per litre, lowering it from N960 to N910 per litre. The refinery emphasized that the price adjustment, effective October 15, 2025, is part of ongoing efforts to support industrial users and transporters, reinforcing its commitment to improving fuel affordability and supply stability across the country.
source: punch