IPMAN Urges Members to Source PMS from Dangote Refinery
By Patience Ikpeme
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its members across the country to prioritise the Dangote Petroleum Refinery in the purchase of Premium Motor Spirit (PMS).
The association stated that the refinery currently offers the most competitive pricing to marketers and is set to further ease distribution costs with the commencement of free product delivery from January 2026.
In a statement signed by its National President, Alhaji Abubakar Maigandi Shettima, the association said the move would strengthen domestic supply, stabilise the downstream market and translate into cheaper petrol for Nigerians.
IPMAN said its call followed a recent agreement with the Dangote Petroleum Refinery to supply PMS directly to registered members of the association, a development it described as a major milestone in efforts to deepen local refining and improve efficiency in the downstream value chain.
The association also congratulated the newly appointed heads of the oil and gas regulatory agencies, while drawing attention to what it described as long-standing bridging claims owed to its members, estimated at over ₦190 billion. It appealed to the new leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to urgently address the matter.
“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 said.
At a press conference in Abuja on recent developments in the oil and gas sector, IPMAN welcomed the decision by the Dangote Refinery to begin direct PMS supply to its members, noting that the arrangement would eliminate multiple layers of costs and inefficiencies associated with product sourcing and transportation.
Shettima said the association, which controls a dominant share of the downstream retail market, was confident that the new supply framework would guarantee uninterrupted availability of petrol nationwide.
“The association has the highest percentage of the supply chain of the PMS downstream sector, controlling over 80 per cent of the PMS retail market. We therefore declare that there will be no gap or scarcity in PMS supply to Nigerians,” he said.
He added that IPMAN members were particularly encouraged by the refinery’s plan to deliver products free of charge to filling stations across the country from January 2026.
“We are also 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,” Shettima said.
According to him, the cost savings from direct supply and free logistics would have a direct impact on pump prices at retail outlets.
“This will again, certainly lead to further decrease in the pump price of the products at our filling stations. Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable price for all marketers today,” he said.
IPMAN also expressed confidence in the direction of current oil and gas sector policies under the Federal Government, saying it had consistently advocated closer collaboration among stakeholders to achieve stability and sustainability in the industry.
“At IPMAN we have no doubt as to the viability of the oil and gas policies being initiated by the Federal Government, and we have ceaselessly called and sought for enhanced cooperation across all levels of governance in the oil and gas sector,” Shettima said.
He explained that the association’s long-standing push for stronger ties with the Dangote Refinery was driven by the need to guarantee steady PMS supply and reduce the country’s dependence on imports.
“The focus of the Dangote and IPMAN partnership has always been geared towards making life better for Nigerians,” he said, adding that the collaboration had benefited from what he described as decisive leadership at the federal level.
“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 stated.
Reiterating IPMAN’s position on domestic refining, the association warned that continued reliance on imported petroleum products posed serious risks to the 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,” Shettima said.
IPMAN maintained that sustained support for local refining capacity, combined with efficient distribution and fair regulation, remained the surest path to affordable fuel, energy security and long-term economic stability for Nigeria.
