Dangote, IPMAN Sign 60 Million Litres Weekly Fuel Deal, Expect Reduction in Petrol Price

Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria have signed a 60 million-litre weekly Premium Motor Spirit supply deal.

This comes as IPMAN confirmed that fuel prices have marginally reduced across its member filling stations nationwide.

The Spokesperson of IPMAN, Chinedu Ukadike, disclosed this yesterday while giving an update on the direct petrol deal with Dangote Refinery.

It would be recalled that on November 11, 2024, IPMAN announced that it had reached an agreement with Dangote Refinery to lift petrol directly.

In a fresh development, Ukadike stated that Dangote had agreed to supply its members with 60 million litres of fuel weekly, noting  that petrol prices had dropped by between N10 and 50 across filling stations due to the deal it secured with Dangote Refinery.