The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on its members nationwide to prioritise patronising the Dangote Petroleum Refinery for their purchase of Premium Motor Spirit (PMS), popularly known as petrol, noting that the refinery already offers the most affordable price for marketers.
The association also expressed delight over a recent agreement by the Dangote Refinery to begin direct supply of PMS products to registered IPMAN members, with free delivery to filling stations across Nigeria scheduled to commence in January 2026.
This was disclosed in a statement signed by IPMAN National President, Alhaji Abubakar Maigandi Shettima, and reinforced at a press conference held in Abuja yesterday on developments in the oil and gas sector.
Partnership With Dangote Refinery
Shettima explained that IPMAN controls over 80 percent of the PMS retail market nationwide, making the association the largest player in the downstream supply chain. He assured Nigerians that the new partnership with Dangote Refinery would guarantee steady availability of petrol.
“The association has the highest percentage of the supply chain of the PMS downstream sector, controlling over 80% of the PMS retail market. We therefore declare that there will be no gap or scarcity in PMS supply to Nigerians,” Shettima said.
He added that the agreement for free delivery of products to IPMAN filling stations nationwide would further reduce pump prices.
“We are excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members, and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026. This will certainly lead to further decrease in the pump price of the products at our filling stations,” he noted.
Commendation for Dangote and Federal Government
The IPMAN President commended Aliko Dangote, Chairman of Dangote Petroleum Refinery, for his support to the Federal Government, which he said has been evident in the regular reduction of pump prices.
He also praised President Bola Ahmed Tinubu for his “pragmatic leadership” in restructuring the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
“The focus of the Dangote & IPMAN partnership has always been geared towards making life better for Nigerians. And of course, this blooming partnership would never have been possible without the pragmatic leadership of President Bola Ahmed Tinubu, and his sound judgment in readjusting the leadership of the NMDPRA and the NUPRC,” Shettima said.
Push for Domestic Refining
Shettima reiterated IPMAN’s position against continuous importation of petroleum products, describing it as harmful to Nigeria’s economy.
“Our position has always been to deepen domestic refining in order to eradicate imports of petroleum products. Continuous import is NOT an acceptable parallel business model, because issuing import licenses recklessly distorts market dynamics, drains foreign exchange, enthrones poverty, destroys jobs, and scares potential investors away,” he stressed.
Call on Regulators
The association congratulated the newly appointed heads of the oil and gas regulatory agencies and urged them to prioritise resolving outstanding bridging claims owed IPMAN members, which currently stand at over ₦190 billion.
“We specifically call on the NMDPRA new leadership to immediately make this debt a cause for serious concern as he assumes his new position,” the statement added.
With the new supply arrangement and free delivery set to begin in January 2026, IPMAN believes the partnership with Dangote Refinery will stabilise the downstream sector, ensure consistent availability of petrol, and further reduce pump prices for Nigerians.