Dangote Refinery Denies Reports of Supply Breakdown with Petroleum Marketers
Dangote Petroleum Refinery has dismissed media reports suggesting a breakdown in supply arrangements between the refinery and petroleum marketers, which allegedly led to a surge in petrol imports in November 2025. According to a statement by the company’s Chief Branding and Communications Officer, Anthony Chiejina, the reports are “inaccurate and misleading.”
The refinery quoted the Independent Petroleum Marketers Association of Nigeria (IPMAN) National President, Abubakar Shettima, as stating that his members fully support Dangote Refinery and have consistently lifted products without complaints since supply began. Shettima attributed the ease of supply pressures and boost in confidence among independent marketers to the refinery’s commitment to direct delivery to filling stations.
The refinery clarified that no supply agreement with marketers had collapsed and that its engagement with the downstream market was structured to meet rising demand, enhance access, competition, and efficiency. Supply under the marketers’ arrangement began in October 2025, with an agreed offtake volume of 600 million liters of Premium Motor Spirit (PMS), which was later increased to 900 million liters in November and 1.5 billion liters in December.
The company noted that it has consistently loaded between 31 million and 48 million liters of PMS daily from its gantry since December 16, 2025, subject to market demand. These figures are verifiable against depot and loading records maintained under routine regulatory oversight.
To improve distribution efficiency, the refinery introduced measures such as reducing minimum purchase volumes and offering a 10-day credit facility backed by bank guarantees. This aims to enhance liquidity, support small and medium-sized operators, and reduce reliance on imported fuel.
Addressing the surge in petrol imports recorded in November, Dangote Refinery explained that the increase coincided with import licensing decisions approved by the former leadership of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The refinery stressed that this development was unrelated to its operational capacity or supply commitments.
Dangote Refinery reaffirmed its commitment to reliable supply, transparency, and the orderly development of a competitive downstream petroleum market. The company pledged continued collaboration with regulators and industry stakeholders to support Nigeria’s domestic refining, conserve foreign exchange, moderate prices, and strengthen long-term energy security.
