Marketers in Nigeria are demanding direct access to Premium Motor Spirit (petrol) from the Dangote refinery, criticizing the Nigerian National Petroleum Corporation’s control over the market.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for the market to be open for all, in line with the corporation’s commitments. The Federal Government announced that the company would be the sole buyer of petrol from the refinery, and interested marketers would have to buy the product from the national oil firm through its trading company. The Dangote refinery will begin distributing petrol to marketers on Sunday with an initial 25 million litres per day.
The National President of the Petroleum Products Retail Outlets Association of Nigeria, Billy Gillis-Harry, has raised concerns over the risks of creating a new domestic monopoly in the oil and gas sector. The NNPC has mobilized 300 trucks to lift fuel from the Dangote refinery, based on the agreement reached between both parties.