The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an important arrangement with Dangote Refinery to directly lift petroleum products for distribution to its members’ depots and retail outlets across the country.
The National President of IPMAN, Abubakar Shettima, announced this at a press briefing on Monday in Abuja, following a meeting of the association’s National Working Committee.
IPMAN had earlier called on Dangote Refinery to engage stakeholders and review its pricing strategy saying the refinery prices are higher than other suppliers, making it difficult for independent marketers to sell products.
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) also accused Dangote Refinery of attempting to maintain a monopoly in the country’s downstream petroleum sector.
Speaking on Monday, Mr Shettima explained that this strategic partnership aims to ensure a steady and uninterrupted supply of petroleum…