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IPMAN to Meet Dangote Refinery Over Petrol Pricing and Supply
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to meet with Dangote Refinery to discuss petrol pricing and supply.
This move follows a statement from Devakumar Edwin, Vice President of Dangote Industries Limited, who claimed that local marketers are avoiding Dangote Refinery’s petrol despite its lower prices.
In response, IPMAN’s representative, Maigandi, emphasized that there is no reason for marketers to boycott Dangote Refinery’s petrol if it is being offered at a lower cost.
Maigandi noted that IPMAN received a partnership letter from Dangote Refinery on Wednesday and reviewed it on Thursday.
He clarified that petrol marketers are willing to buy from Dangote Refinery as long as the price is competitive with current rates.
Maigandi said, “In the letter, Dangote Refinery mentioned that its petrol is ready, but the price was not disclosed.
We cannot boycott Dangote Refinery if their petrol is cheaper.
We are prepared to purchase petrol from them under the condition that it is priced no higher than what we are currently paying elsewhere.
We have no issues with Dangote Refinery.”
He also pointed out that the Nigerian National Petroleum Company Limited (NNPCL) sells petrol directly to marketers at an average price of N870 per liter, while the depot price is N990 per liter.
This context underlines the importance of competitive pricing in the ongoing discussions between IPMAN and Dangote Refinery.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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