Regardless of an ongoing disagreement between the Dangote Petroleum Refinery and the Nigerian Nationwide Petroleum Firm Restricted (NNPC) over gasoline pricing, the Presidency has acknowledged that President Bola Tinubu won’t intervene within the matter.
Amid this backdrop, the Dangote Refinery has introduced that it’s going to begin the nationwide distribution of Premium Motor Spirit (PMS), generally generally known as petrol, and diesel beginning August 15, 2025.
In an announcement launched on Sunday, the refinery revealed that it has invested in 4,000 new Compressed Pure Gasoline (CNG)-powered tankers to bolster its gasoline provide operations throughout the nation.
The corporate famous that the distribution course of shall be phased and complemented by over 100 cellular CNG tankers and the institution of CNG filling stations to make sure environment friendly last-mile supply.
Based on the corporate, petroleum merchandise shall be equipped on to entrepreneurs, gasoline stations, producers, telecom corporations, and aviation firms—with out extra logistics expenses. This, it mentioned, is aimed toward eliminating third-party prices and making gasoline extra reasonably priced.
“This strategic programme is a part of our broader dedication to eliminating logistics prices, enhancing power effectivity, selling sustainability and supporting Nigeria’s {economic} growth,” the assertion learn.
“All petrol stations shopping for from Dangote Petroleum Refinery will get pleasure from these logistics advantages. Main sectors like manufacturing and telecoms will expertise lowered fuel-related bills, aiding in inflation management and driving {economic} development.”
In a bid to help large-scale purchasers, the corporate additionally launched a two-week credit score facility for shoppers who buy no less than 500,000 litres of petrol or diesel.
Such patrons shall be eligible to obtain one other 500,000 litres on credit score, backed by a {bank} assure.
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stakeholders are required to finish registration and Know Your Buyer (KYC) verification between June 16 and August 15 to take part within the programme.
The corporate linked the transfer to the broader {economic} agenda of President Bola Tinubu, stating that the initiative aligns together with his Renewed Hope Agenda, significantly the objective of reaching industrial development and sustainable growth.
“We thank the federal authorities for its help, particularly by way of the Naira-for-Crude initiative, which has contributed to gasoline value stability regardless of world market disruptions,” the corporate added.
The refinery expressed optimism that its gasoline distribution technique will energise the small and medium-sized enterprise (SME) sector, enhance authorities revenues, and entice new investments to Nigeria’s petroleum business.
“It is a main revolution in Nigeria’s midstream and downstream oil sector. We’re dedicated to making sure equitable gasoline entry for all Nigerians, wherever they could be,” the assertion concluded.
The Dangote Refinery, positioned in Lekki Free Commerce Zone, Lagos, is the biggest single-train refinery in Africa with a processing capability of 650,000 barrels per day. It started operations in 2024.
