The Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared its strong opposition to the continued importation of Premium Motor Spirit (PMS), insisting that the Dangote Refinery possesses sufficient capacity to satisfy the nation’s petrol demand.
IPMAN National President, Abubakar Maigandi Shettima, stated this while dismissing reports that a breakdown in supply arrangements between the refinery and marketers caused the surge in petrol imports witnessed in November 2025.
He described such claims as inaccurate and misleading.
“Our members fully support Dangote Refinery. Since supply began, marketers have consistently lifted products without any complaints,” Shettima said. “We oppose continued importation because Dangote Refinery has the capacity to meet the country’s entire PMS demand.”
Shettima expressed satisfaction with the reliability of supply from the Lekki-based refinery and commended its commitment to direct delivery to filling stations.
He noted that this direct access is critical for stabilizing distribution, easing supply pressures, and ultimately benefiting consumers.
According to the IPMAN President, the improved availability of locally refined products has significantly boosted confidence among independent marketers, reaffirming the association’s belief in domestic refining as the only sustainable solution for Nigeria’s downstream sector.
Similarly, Dangote Petroleum Refinery has dismissed media reports suggesting a collapse in its supply agreements with marketers as baseless and inaccurate.
The refinery clarified that its engagement with the downstream market remains robust and is structured to meet rising demand while enhancing competition and efficiency.
To buttress this claim, the refinery disclosed that supply volumes have steadily increased since the arrangement began in October 2025. The offtake volume started at 600 million litres of PMS, rose to 900 million litres in November, and further expanded to 1.5 billion litres in December, signaling a strengthening partnership rather than a breakdown.